GREY:OLEPF - Post by User
Post by
tony1969on Jul 29, 2012 6:09pm
252 Views
Post# 20163613
Think about it guys.....
Think about it guys..... Why did the Dow rally about 500 points in the last 3 days of last week on nothing but bad earnings and bad news on the global economy. Could it be that we finally get an announcement of somekind of stimulus next week? Big European Central Bank (ECB) meeting next week as well as a FED meeting on wednesday. They may want to get ahead of the jobs data on friday. It will be like pushing on a string but I believe they will do something. I believe most of the news will come from Europe. The market will rally on the news but then sell off when it realizes that it is just basically paying off debt with more debt. It should help gold but who knows anymore.