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"Taper" begins.. Dow up 260 @ 3:55 PM

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"Taper" begins.. Dow up 260 @ 3:55 PM

Old 12-18-2013, 12:58 PM
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Default "Taper" begins.. Dow up 260 @ 3:55 PM

Thoughts?
http://www.foxbusiness.com/economy-p...d-reveals-qe3/
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Old 12-18-2013, 01:06 PM
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Cutting just $5 Billion a month~~~ need at least 3X that!
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Old 12-18-2013, 01:29 PM
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Fed announces it will taper off QE and the market surges 260 points. I guessed the market would tank when the taper started- shows what I know.
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Old 12-18-2013, 05:06 PM
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Originally Posted by deep tog View Post
Cutting just $5 Billion a month~~~ need at least 3X that!
Wasn't it $10 billion/month?

http://www.bloomberg.com/news/2013-1...t-outlook.html
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Old 12-18-2013, 05:51 PM
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10B a month beginning Jan
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Old 12-18-2013, 06:32 PM
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Didn't it drop around 600 points in two days earlier this year when the Feds just simply mentioned the possibility of slowing the QE? What do you all think is the reason it went up 300 this go around when they really are gunna cut it? Don't make much sence to me, but I'm also still trying to learn all that crap too.
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Old 12-18-2013, 07:57 PM
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Happy Camper here, BAC up 51 cents today. Hip Hip Hooray.

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