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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: fred woodall who wrote (29429)3/2/2012 12:09:00 PM
From: SGJ  Respond to of 223583
 
Still long S&P. Bought my covered calls back yesterday on the dip. Waiting for GZ's sell signal.

As far as QE3, no matter what the Bernake says, he has no other choice when the need presents itself but to accomodate. The problem or really why there is no runaway inflation right now is because the money is not being loaned out. Banks can borrow at .25 and invest in the 10 yrs at 2%. This interest rate carry/arbitrage is getting them well fast without default risk. This is the same strategy employed in previous recessions/bank meltdowns.



To: fred woodall who wrote (29429)3/2/2012 1:21:58 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 223583
 
FOR TODAY, A CLOSE BELOW 1359.10 WOULD CONFIRM A NEW SELL SIGNAL...

GZ