DJIA Down 349
Posted on 06/20/2013 1:14:27 PM PDT by blam
DJIA Down 349
My name is Mr.Bubble and you can watch me pop!
The bubble popped a long time ago. If you force enough air pressure through it, you can keep it from collapsing completely.
What they did yesterday was tell everyone they need to take a breath soon, so expect the broken balloon to contract.
Everyone panic right on cue... It’ll distract from the mess the Feds are making of things EVERYWHERE else if the markets crash.
Nothing to see here. ‘Helicopter Ben’ will fly over the markets in the morning and sprinkling magic Unicorn manure and the markets will be up 300+ by this time tomorrow!
Goldbug ping.
I’m 100 percent in cash. Higher interest rates sound good to me.
No worries.....Chairman Geithner will re-start the pumps and the presses....
Ditto
I would love to get a decent return on my savings. The old 5% passbook savings account sounds like a beautiful dream now.
There was some speculation on the Cavuto show as to whether Bernanke made his tapering remarks yesterday to get even with Obama for firing him on television, as he knew the markets would react.
I am curious how Japan market going open up later on tonight eh Blam
What, you aren't happy with 0.005% interest? ;-) and then ;-(
Yeah, we’ll get 5% interest again, with 20% inflation...
You guys enjoy your 2pct interest, and meanwhile, I’ll buy some more good dividend stocks.
Whatever statements Ben Bernanke may have made yesterday, they’ve turned out to be the financial equivalent of yelling ‘’Fire!’’ in a crowded theater.
He created a panic, and everyone ran for the exits at the same time, creating financial casualties all over the place, which is the last thing a Federal Reserve Chairman should ever do.
Now we need someone to calm the markets, but Gentle Ben who’s turned out to be a bull in a china shop, is definitely not to the one to do it. So what will happen now?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.