Sunday, June 12, 2011

Vote on Quantitative Easing QE3?

What do you think?   QE3 seems inevitable, how could they throw trillions away without results, and not throw trillions more. 

I am taking a vote of my (10) "indicators", here they are:  The 3.26 is moderately bearish.   5 would be neutral.   However, many of the indicators are "perched" on a line,  so saying that the market is at a critical juncture is not overblown.   It could move big in any direction.


  1. The question isn't whether QE3, 4, 5 will happen, but how low the SP has to get before they do.

    I think a 50% decline should about do it.

  2. I really don't see how political reality will allow them to do anything, at least above the table. If they operate like the PPT has since Reagan's admin, maybe they can get away with some shenanigans.

    Though if we get low enought, as dnarby says, the political pressure may be to do something, and today's odious political choice could be tomorrow's no-brainer.

    I think we might have to do better than 50%, though. Of course, by then it's too late, anyway, but that's when politicians usually act....after the cow is already out of the barn.

  3. Imagine the government pension crisis after another 50% decline in the markets.

    I think the more the government spends money it doesn't have on programs that don't work, the longer the crisis will be prolonged.

  4. I tend to agree, in the long term, the USD is doomed, as if all fiat.   I think they  could pull a stick save in middle July, Fear Factor Fractals strongly hint at that.

    June 15th could be a bottom, most full moon this year were.   Rally into july 4th long weekend (its a Monday), and then have some black swan shit up the place.

  5. Hey Dark,

    Watch them, they are sneaky buggers (Stealth QE).   Like how did they give $600B to foreign banks, WTF?!


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