Dislikedokay this is for my fellas here...
im fucking tipsy....
1. had a boat trip today and that whole 8 hours made me really tipsy even im on land...
2. i went clubbing with friends straight after the boat ride...
but yea im still sober as the judge...
to be honest with you guys, ive warned a lot of people that the whole risk on hype was someone premature....
i probably shouldn't sound like i know much but.....
the weird thing was Equities were flat or going down all week long and yet risk pairs were flying up, just because rumors of QE3 is coming...Ignored
Hey my friend glad you were able to let loose!
One word of caution in your post - and I have been thinking of this for a while....you say that if there is QE3 you are going to go bloddy long and invest big in equities. Think of it this way - what you are saying is what happened during first QE and QE2 - and although markets went up and commodities went up during those QE's things really did not get much better. We are at all time highs and 52 week highs for many equities......ALL TIME HIGHS and things are still in the crapper globally. On the flip side I wonder if the BIG BOYS will say....well the first 2 QE's were not able to pull us out this mess.....how will QE3 be any different.......and what if the bankers just take all that money from QE3 put it in their pockets.......then sell the equity market from these all time highs.......build there balance sheet......as the markets tank........and then the following quarters the banks start posting INCREDIBLE earnings......then people may think that things are getting better as the market went down but the banks are doing better..........just my humble thoughts. I am not very educated.....but I do have a Degree from a University - not that means anything..........anyway.....I will stop my ramble.
Good weekend to you.....drink some water and take an advil.......or keep pounding the booze all night long!
Faller.
I don't trust any move - when you have profit...take it.