Posted on 08/21/2015 9:13:00 AM PDT by MeneMeneTekelUpharsin
1. Attempted Body Mortgages of the Temple of the Holy Spirit-Image of God, by the power of darkness. Demon stealing forces.
2. Govt. (now a cult) tax theft.
Eternal Law of Sowing and Reaping. Result: No buying.
Currency wars... Janet raising rates... waaaay too much debt worldwide... what could possibly go wrong?
“But QE stopped months ago, so why didn’t the markets tank then - right on the announcement?”
Because it’s done in a controlled manner so as not to crash the market all at once. By doing it a little at a time the market doesn’t react. But at some point it reaches the tipping point, like a few days ago.
There still may be more blood to let on to the floor yet to go.
OK. Still, with the world and US economy in recession its hard to imagine it doesn’t have much more bloodletting to come.
Still more blood to let, must retest the recent bottom. Beyond that any high’s below the recent bottom.
Still needs to retest the recent bottom of Monday. Then maybe retest supports below that point.
Actually at 33% correction is not unheard of, so if it was at 20,000 we could see 13,400’ish in the next couple of weeks
I’m thinking though that QE4 could definitely be in the cards. That could bring a lift to the market. Also, we are heading into elections, and so everything could be on the table to give Hillary the best chance.
The FED is not going to raise the rates, which means they will follow China who started pumping money in to the markets yesterday.
What kind of moron do you have to be to believe the Fed would raise rates in this environment? The economy is on such a precipice all it would take is 25 basis points to send everything into a tailspin.
Sam the pain will come, now or later, the longer they pump money in to the market the worse it will be.
Besides what we just watched was them manipulate the market to have a selloff so they could get back in cheap.
I knew it was gonna fall, and as soon as they announced the pump was back on I knew it was going to go back up.
The morons are the ones printing fiat money.
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