Which part of 'without end' is confusing? It is the 'without'.. or the 'end' ?
I sure see a lot of bear maniacs posting cute little pics of a tiny little QE3/4 box on index charts..yet...for some reason they are making the bizarre notion that this QE is going to end. I don't get it, but then I happen to believe 'without end' means..the money printing is not scheduled to end.
I guess I'll remain the only one highlighting that little 'minor issue'.
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sp'daily5
vix'daily3
Summary
So much for the VIX showing any strength, a close in the 12s now looks easily within range.
If Market likes the econ-data tomorrow, 1510/20s. but hey....even if its lousy numbers..what does it matter? Bulls have the algo-bots..and the Bernanke $.
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AMZN earning at the close.
Very hard to guess whether that nonsense will ramp 20% on even lower - or NO margins, or whether they'll whack it 10/20% lower..only for it melt back higher into the spring.
After all, its AMZN, and it remains surrounded by hysteria.
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back after the close.