But...but...but...I thought the only thing propelling the stock market was QE. (best, city)

[greywar]

Originally Posted by legalsea

Or, you have this:

http://www.nytimes.com/2014/10/30/bu...cted.html?_r=0

Essentially, stating that the market has known of this coming for a year, and so no surprises.

We shall see.

I'm betting the major players have priced this in for a long time, but some nervous smaller guys will cause a small drop.

*checks data*

OK that is even smaller then I expected.

[chuckmann]

Whatever happens, I do know that the Goldman Sachs trading desk stands ready to make a lot of money.

[Finn_Jarber]

Originally Posted by Howard Beale

Say goodbye to the stock market!

Time to see how the market does without the Fed heroin.

I predict a Black Friday type plunge, - 10-15%, this week or the next....

We'll see, but that's what the pessimists said when they started reducing it in January. They said the market would take a major hit as soon as the reduction begin.

[zoomzoom3]

Originally Posted by HappyTexan

Good, now I want to see bank interest rates go UP.

I wouldn't expect any big jumps at all. Maybe they will bump the rates up by %.25 at a time.

[greywar]

Interesting....the stock market is now actually higher then before the announcement. you can see big sells followed by large buys as folks with money are betting its going to have no long term effect. Least thats my guess.

[Finn_Jarber]

Originally Posted by greywar

Interesting....the stock market is now actually higher then before the announcement. you can see big sells followed by large buys as folks with money are betting its going to have no long term effect. Least thats my guess.

Yes, it is about 1700 points higher now than when it was announced. The problem is that the market actually needs a correction, but it just won't come.

[rbohm]

with the markets overbought right now, i can see a major downward correction coming. when it hits i have no idea, but there will be a trigger mechanism somewhere that will cause it. again what that trigger is, i have no idea. all i can say is be prepared for the worst and hope for the best.

[greywar]

Originally Posted by rbohm

with the markets overbought right now, i can see a major downward correction coming. when it hits i have no idea, but there will be a trigger mechanism somewhere that will cause it. again what that trigger is, i have no idea. all i can say is be prepared for the worst and hope for the best.

Yeah, even I could see the real estate market last time...this time....I have no clue other then maybe China. Or the EU. theres lots of fubar in both areas that keeps getting kicked down the road....if China drops in a spectacular way, so will Australia. From there its just contagion. Again all theory and guesses based on the data I see.

It seems like there's a lack of investment choices for money.

[atgss]

The bill will be coming due in a matter of speaking.

About time!

This is not impossible (and no I have no sources, just thinking out loud): Watch your bank accounts, that may be next for seizure by the feds.

[Mistermobile]

oops