Gumby's Trading Account

[Gumby]

FAZ filled @ $33

[Gumby]

The FED is going to buy the money they are printing??
WOW.....you have got to be kidding me.

[JTH]

The FED is going to buy the money they are printing??
WOW.....you have got to be kidding me.

You and me both buddy!

Nothing like a little fed intervention to pee in your wheaties That's fine by me, it will hurt today but the hype won't last long. Besides, now will be the perfect time for some of us F-Funders to make a gracful exit.

[Gumby]

You and me both buddy!

Nothing like a little fed intervention to pee in your wheaties That's fine by me, it will hurt today but the hype won't last long. Besides, now will be the perfect time for some of us F-Funders to make a gracful exit.

Does the FED have enough money to buy all the outstanding bonds?

The quick question that comes to mind is what is going to happen to the dollar?

I find it hard to believe our own government is going to such extremes as buying its own bonds.

Denninger has some revelations about Bernacke's action today.

Denninger Predictions

We are in for a rocky road ahead.

Denninger's Abyss

[Gumby]

Limit order in for FAZ @ $33

Will it bring more pain?

I've been smashed.....don't know whether to throw in the towel and sell or just grin and BEAR it.

[350Z]

I've been smashed.....don't know whether to throw in the towel and sell or just grin and BEAR it.

We've gone from extremely oversold to overbought in about a week. SPX just bounced of the 50 and the top of the Bollinger band. I'll sit through this pain.

spx.png

[JTH]

We've gone from extremely oversold to overbought in about a week. SPX just bounced of the 50 and the top of the Bollinger band. I'll sit through this pain.

I don't know squat, so I'll just spout my opinion. The baby bull got its 800. FAZ is now at a 52 week low

[Gumby]

I wonder how much $$$$$ Bernanke made for China today. With the price bid up for bonds and the yields tanking, will the Chinese tender bonds and move to different currencies or comodities?

What is going to happen to our country if we have a major increase in oil price or a terrorist event?

What is the FED going to do about the rampant inflation that is bound to happen from this action?

[Gumby]

May have to take a deep breath and let someone else own my FAZ.
March was a tough love month for the bears.

[etftalk]

We've past the threshold of misery (poker term created by Mike Caro).