[blam]

Dow down 284.

[blam]

What The Fed Announcement Means: Here Comes The MEGA REFI For Homeowners

[tcrlaf]

The FED is going to drive Interest rates DOWN by trading short-term debt for long-term debt.

All that will do is fuel SPECULATION. They don’t care about ANYTHING but keeping the markets up through election day.

[Presbyterian Reporter]

Now that the traders know Bernanke will only do a bond twist and not do a QE3, the only logical direction is down for the stock market.

This is a continuation of the stock market drop that began in August when Obama refused to cut government spending.

We are also going into the October bad month for stocks.

[dmz]

It seems odd to use the word crater to describe today’s drop, unless you intend to use the word explode to describe the next 200-300 point gain.

These 2 or 3 hundred point swings appear to be norm to anyone who has been watching this market over the past month or so.

[pallis]

Think inflation.

[atc23]

Obama hand wave secret signal to millionaires and billionaires . . .

Sell, Sell Sell!

[cuban leaf]

The market went down and gold and silver went down. The one common denominator is that they are all valued in dollars. I infer from this that what we saw was an increase in the value of the dollar relative to stocks and commodities.

Or am I being over-simplistic here?

[Presbyterian Reporter]

Now that the traders know Bernanke will only do a bond twist and not do a QE3, the only logical direction is down for the stock market.

This is a continuation of the stock market drop that began in August when Obama refused to cut government spending.

We are also going into the October bad month for stocks.

[jersey117]

I was looking forward to this thread after the market close today.

[jacquej]

.Thank you, Blam, for posting about the Fed’s announcement.

Now, some of us are too old to do the plowing and planting thingie, although we used to do it, along with the canning, cold-storage, and hand milking.

What lies ahead for gold and silver coins? Might not these be the best way to protect savings from either inflation or deflation?

[who_would_fardels_bear]

Here's what you need to know:

1. Always add acid to water, and not the other way around.
2. A penny saved is a penny earned.
3. Too much sunlight will give you skin cancer. Not enough will give you Vitamin D deficiency. Use sunlight wisely.
4. Give a hoot, don't pollute.
5. Blood is thicker than water.