QE2 is $600Billion. +$300bln of proceeds from QE1.
The gigantic plan to lower interest rates and kill the DOLLAR has been officially announced today.
The market went in a wild swing, traders are still unsure what to make out of this. I will give it one more day before making a decision. 11500 seems near, but it might also be dangerous to jump in too early. We have to let the mess settle for awhile first.
Stocks to watch – BAC, S
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