Posted On: 09/18/2013 4:13:59 PM
Post# of 8059
The Fed, instead of the expected bond tapering of 10 B/ month elected to retain the full 85b/month bond purchase program at 2 pm EST today causing the market to go berserk again, as so many had been speaking of doomsday -so silver rose from 20.97 to 22.95 in an hour or 2
money pumping schemes are good for commodities so iron miners rose also
as a value investor who depends on logic I've seen very little logic in the market- the only predictable thing is a toddllers knee jerk overreaction to every little breeze that flows- the market response,as many commentators have noted, as usual is all out of kilter to what 10B/month means in a 16 trillion economy and the big firms w their Cray 4 supercomputers were again ready and willing to fleece retail,which in their very regular manipulation of the markets they always seem to get away with- where is the sec re those big boys continual manipulation-they take all the profit out before retail could even set a trade
money pumping schemes are good for commodities so iron miners rose also
as a value investor who depends on logic I've seen very little logic in the market- the only predictable thing is a toddllers knee jerk overreaction to every little breeze that flows- the market response,as many commentators have noted, as usual is all out of kilter to what 10B/month means in a 16 trillion economy and the big firms w their Cray 4 supercomputers were again ready and willing to fleece retail,which in their very regular manipulation of the markets they always seem to get away with- where is the sec re those big boys continual manipulation-they take all the profit out before retail could even set a trade
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