GREY:EORBF - Post by User
Post by
venturecop1on Nov 17, 2011 3:09pm
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Post# 19246167
Very frustrating times...
Very frustrating times...But this is why there is something to be said for keeping some cash in reserve to take advantage of these "hysterical" dips. I was kinda hoping myself that the markets would sort themselves out without making another quantitative ease necessary. Now I find myself secretly hoping that The Fed does do QE3, just to stabilize the markets, because these BUFFOONS in Europe simply cannot be trusted to do so.
This sell-off has absolutely NOTHING to do with Orbite, and everything to do with fear of risk.
Without taking risks humanity will do nothing but slowly regress over time. We cannot live without it!
Who the hell buys a 30 year government bond for less than 3% yield????
I think I'll call up the boys and go out for more than a few beers tonight :)