Helicopter Ben Miscommunicates | Forex Factory

  • Helicopter Ben Miscommunicates

    From ritholtz.com

    Last week at least started well as the upper echelon of fund managers heard from their “well-placed sources” that Helicopter Ben had miscommunicated the FOMC position when he spoke about tapering and would set the record straight at his press conference, imbuing them with the fortitude to get long in front of Wednesday afternoon. Well, they got half the story right as he did set the record straight. Taken alone, the FOMC minutes were positive for the market as nothing indicated that policy was going to change course. The indices acted accordingly, swaying between green and red. Then we found out that those ... (full story)

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hayseed
Jun 26, 2013 9:44am
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"""" imbuing them with the fortitude to get long """"" .....

yeah maybe..... whether it was miscommunications , misconceptions or just plain play on words, the fed has for sure at least picked up the genies bottle..... sooner or later they must let him out......

and there will be hell to pay .....h
venzen
Jun 26, 2013 9:41am
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a bit gloomy, given the wonderful improvements we've been seeing in the global economy...

nail right on the frickin' head: the market has been responding to news differently and recent sell-off was sentiment driven. Now the pots are really boiling over all around the kitchen, there's no time to blink! Does it even matter who blinks next? now that China is officially in a liquidity mess?
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venzen
Jun 26, 2013 10:19am
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Quoting Guest
So should we expect a dollar crash here in the near future?
Hard to tell what will happen next. As money flows out of bonds and stocks it becomes Dollars. I can only see the USD getting stronger from here on. The volatility that is building up will see swings for sure, but who knows what these central bank clowns will do next with all the smoke and mirrors?
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Ill-b-back
Jun 27, 2013 4:45am
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Quoting atraderfx
QE double down coming - setting up the scene and panic for the justification

Yep, that's the game they play, in it for the long haul...
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venzen
Jun 26, 2013 10:15am
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Quoting atraderfx
QE double down coming - setting up the scene and panic for the justification
Very interesting thought - I wouldn't put it past them to do just that...
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venzen
Jun 26, 2013 10:54am
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great analysis of the current situation, thanks for your commentary
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atraderfx
Jun 26, 2013 10:04am
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QE double down coming - setting up the scene and panic for the justification
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Trader#F875
Jun 26, 2013 11:42am
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Quoting Guest
I have a short on the Usd/Cad just because its so high, the last time we saw prices this high was one year ago and in Nov of 2011.
Closed this trade for a $27 loss until I hear some news about what BOC Deputy Governor Timothy Lane had to say.
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Trader#F875
Jun 26, 2013 10:11am
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So should we expect a dollar crash here in the near future?
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Trader#F875
Jun 26, 2013 10:31am
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I have a short on the Usd/Cad just because its so high, the last time we saw prices this high was one year ago and in Nov of 2011.
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