DOW 15,000

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Submitted by spdrun on May 3, 2013 - 7:52am

Yeah, it's been OK for me this year. This being said, I'm still hoping for a catalyst for a crash this summer, down to 13500, 14000 or so. Will it be talk of the slowdown of QE, Bernanke stepping down (he's looked rather yellowish, and he's skipping Jackson's Arsehole this year), North Korea blustering and threatening to toss some H-bombs they don't have around, people waking up that the Euro-peons are circling the drain, or what? Hell, maybe even the sequester cuts will start hitting home. Either way, here's hoping for some chaos/opportunity/blood running in the streets, and the further things rise, the further they have to fall :)

Submitted by The-Shoveler on May 3, 2013 - 9:27am.

I am thinking that it is just BECAUSE of Europe circling the drain, and all the other bad stuff that the DOW will keep going (IMO anyway).

It keeps the Fed printing 85 or so billion a month or so.

Then there is Japan trying to out print the fed and that is chasing money into our markets as well.

Interesting times, have no clue what the end game looks like.

Submitted by spdrun on May 3, 2013 - 10:13am.

... or perhaps capital flight from Europe to US stocks, since they're seen as the safest game in town at the moment. It would be interesting to see what would happen if another Cyprus happens and the Eurozone imposes capital controls.

As far as the Fed, their policies seem to be (thankfully) losing effect. Note that the Dow actually dropped another 50+ points (after the initial drop after ADP) after Ben opened his bearded yap-hole on Wednesday.

Though if we find out that Ben isn't seeking another term for "health reasons", then it might finally have the desired correcting effect on the markets.

Submitted by bearishgurl on May 3, 2013 - 10:16am.

Quote:
. . . Will it be talk of the slowdown of QE, Bernanke stepping down (he's looked rather yellowish, and he's skipping Jackson's Arsehole this year) . . .

spdrun, ask yourself why this is so.

http://piggington.com/oh_ben

Maybe it's better for all concerned (including himself) if Helicopter Ben DOES call it a day and step down. There is a nice, peaceful resort he can check into for a few weeks/months to help his get his head straight and it is right close to home:

http://www.blackberryridge.org/

http://farleycenter.com/

Submitted by The-Shoveler on May 3, 2013 - 1:41pm.

Not to be out done,

China Accounts For Nearly Half Of World's New Money Supply

http://www.zerohedge.com/news/2013-02-08...

http://www.youtube.com/watch?v=xRnUhcwio7k

http://www.businessinsider.com/china-wor...

Add the ECB's efforts and DANG!!! that a lot of moolah!!

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