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

To: GROUND ZERO™ who wrote (35705)	7/31/2012 8:06:01 AM
From: Seismo	3 Recommendations Read Replies (1) \| Respond to of 220888

How about another box. We don't need QE because QE doesn't work to stimulate the economy. QE is like pouring gasoline in an engine with no transmission. Yes, the engine(financial markets) revs for a short time, but without a transmission attached to the economy, nothing happens. Maybe the FED announces another QE and the market tanks because the FED is already leveraged over 50-to-1 and it's known QE doesn't work.

To: GROUND ZERO™ who wrote (35705)	7/31/2012 8:42:36 AM
From: Fiscally Conservative	Read Replies (1) \| Respond to of 220888

You don't say :) ? eom

To: GROUND ZERO™ who wrote (35705)	7/31/2012 8:43:13 AM
From: penthouse mike	Read Replies (8) \| Respond to of 220888

Does your new short term model still have a possible sell signal today?

To: GROUND ZERO™ who wrote (35705)	7/31/2012 11:47:42 AM
From: Challo Jeregy	1 Recommendation Read Replies (1) \| Respond to of 220888

another persons' opinion - minyanville.com Futures are up a bit after yesterday’s quiet action. The markets did a good job digesting last week’s powerful gains as the Fed starts its two-day meeting. Statements will be released on Wednesday at 2:15 p.m. On Thursday, the ECB’s Mario Drahgi will have his turn to shoot some rounds with that bazooka he promised last week. Most people I talk to still hate the market and think that this is a time to sell the strength. I’m not so sure; there is a lot of participation across sectors, and markets continue to climb the wall of doom (typically they climb a wall of worry). You don’t have to be “all in” or chase the tape, but rolling up shorts and fighting the rally since the June lows with a thesis has not been fun for those with that plan. It’s hard enough trying to be flexible. If SPX continues to hold 1374-1376 throughout the course of this week, there are enough trapped shorts and money on the sidelines to push us up to 1395-1405, and then perhaps all the way to 1415-1422. We are at the upper end of the channel which has been a better place to sell than to buy. In the same way, buying on the lower end has been better than selling. So keep it light and know your levels as the headlines start rolling in. I know there are a lot of problems out there. Our markets bottomed over four years ago and we still have a ton of them here in the US. Typically when the “world is fixed” or economies are humming, markets are close to a top. I stand by the macro thesis of S&P 1700 by 2015 over the bear case of S&P 1000 by 2015.