Wednesday, September 1, 2010

S&P 500 - September 1, 2010 - BMO 2

It all feels like the good old days of abundant liquidity and QE.

Didn't we say that bulls looked like they needed something like a divine intervention?

I read that BOJ might have intervened with some QE (why do people have to come up with terms like that for money printing?)

This is Sep contract for 30-yr US Treasury



There has been a lot of money going to the bonds, and even a fraction coming into equities may do wonders.

I am not predicting anything, just examining the possibilities.

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