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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (288345)	11/2/2010 10:48:06 AM
From: 2sigma	Read Replies (1) \| Respond to of 306849

Can't QE be squeezed in between now and the time the new congress is sworn in? Yes, it will look bad, but it CAN be done, no? Haps.

To: patron_anejo_por_favor who wrote (288345)	11/2/2010 11:32:17 AM
From: Travis_Bickle	Respond to of 306849

I'm going to do like Jesse Livermore said and sit. Always bites me in the ass when I try to trade in and out of the miners.

To: patron_anejo_por_favor who wrote (288345)	11/2/2010 3:02:34 PM
From: carranza2	Read Replies (3) \| Respond to of 306849

Don't forget that the gold market is a global one, and that QE and QE2 has sent and will send lots of USD overseas. Foreign money seems to think that buying gold with devaluing USD is a good deal. I agree that we will no longer have much fiscal stimulus because of a Republican takeover of the House. However, any QE can be increased or decreased by Bernanke essentially at will. If fiscal stimulus is shut down by a GOP takeover of the House, B. will probably turn the QE spigot a bit more to the open position. I agree that gold may take a temporary tumble, but timing it and determining exactly how its market will react is too complex for me to do with any confidence. I just know we are on a long term secular bull market. In my opinion, best not to screw with that.