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To: BipolarBob

Maybe I’m getting less tolerant of drops in my old age but last Fri and this AM I’ve moved out by half. So much for my ‘no wimping’ new year’s resolution...


17 posted on 03/24/2014 9:09:05 AM PDT by expat_panama (Arguing with those who have renounced reason is like giving medicine to the dead. --Thomas Paine)
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To: expat_panama
This market is oversold and only propped up by the Fed's QE madness. The new Fed's chair alluded to the tap being starting to be squeezed. They know the can, can only be kicked down the road so long.

By 2018, I wouldn't be surprised to see a DOW perpetually hovering between 8K to 12K, and the 30 year bond rates at 8%. Plus 1970's style stagflation times 2.

21 posted on 03/25/2014 5:30:03 AM PDT by catfish1957 (Face it!!!! The government in DC is full of treasonous bastards)
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