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Well that escalated quickly...
Credit was right after all...
Charts: Bloomberg
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IT DID NOT ESCALATE QUICKLY.
BLS, FED, Cronies, Yellen, All of them, are nothing but a bunch of Fucktards.
This will be revised at least 3 times lower, just to show how fucking stupid these assholes are.
You are right, it took more than a week... and still the S&P is ABOVE the knee-jerk FOMC level from last week.
Premeditated manipulated BS2.
Since no CB can ever raise IR's without pushing Main Street in the Z(N)IRP grave that said CB has been digging since 2008, the best way to avoid raising rates is to order a small "stawk market" dip every time the CB announces higher rates are coming, so that same CB can 'justify' its reluctance to not raise rates as previously announced with the 'weeker than expected economic data'.
It's a dip. It will be bought.
Wait for the reaction when rates DON"T go up in December.
ES 2050, I buy. Not now.
Move along Bitchezzzz. Nothing to see here. Now go back to your hole and suck your eye sockets out.
How is gold doing? rofl
I love the smell of crime in the morning.
An increasing stack of cash may buy more Ag, cheaper, later, as the PM collapse continues, leading equities down to the next bear market lower low. See XLP and $DJR for some downside index reversals:
http://www.investing.com/commodities/silver-advanced-chart
http://stockcharts.com/h-sc/ui?s=XLP&p=D&b=5&g=0&id=p40026806343