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Post by jeffolie on Jul 31, 2013 16:20:29 GMT -6
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Post by unlawflcombatnt on Aug 1, 2013 23:31:53 GMT -6
I counted 18 purchase days.
If they average $2 billion/purchase, which is on the low side, that would be $36 billion/month. That annualizes to $432 billion. This already approaches our current-dollar annual GDP growth ($559 billion in 2012)
If they average $3 billion/purchase, which is a reasonable mid-estimate, it would be $54 billion/month. That annualizes to $648 billion. This is well over our latest current dollar GDP of $432 billion.
This means there's been approximately 0 economic growth--at best.
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Post by jeffolie on Aug 2, 2013 6:13:35 GMT -6
Big POMO day on Tuesday
my stock market timing does not rely much on POMO days ... but Tuesday would do nicely for a PEAK 1 COMPLEX TOP day ... especially if the S&P 500 index is above my current target of 1720 during the trading day on Tuesday
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