Bump of the day

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Bump of the day

Postby 68Camaro » Wed Jul 27, 2016 5:55 pm

Since folks are complaining about no one around here any more and few posts being done, I'll note the obvious about the double-bump today which suggests that the Fed action was leaked this morning, then a second round of bump at 2pm.

I don't really understand why Fed inaction, which everyone already expects, and which wouldn't have amounted to anything of significance anyway, has any effect, but it did.

It's just an observation.
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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Re: Bump of the day

Postby rsk1963 » Wed Jul 27, 2016 6:13 pm

was under the impression that the first bump was due to the BOJ unleashing just under 300 billion in QE in overnight/early morning activities.

the second was due to the FED saying uh maybe next time?
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Re: Bump of the day

Postby AlexTG » Thu Jul 28, 2016 3:18 pm

When I read "bump of the day" in the title I thought it was a reference to getting a drug fix, or scratching that itch. Specifically, that you had found a nice silver coin, bar or some other item to scratch that silver itch. Clicked on it hoping for a cool photo of something I've never seen.
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Re: Bump of the day

Postby CardsNCoins » Thu Jul 28, 2016 4:33 pm

AlexTG wrote:........Clicked on it hoping for a cool photo of something I've never seen.


There ya go

Image
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Re: Bump of the day

Postby 68Camaro » Thu Jul 28, 2016 5:41 pm

Yep - never seen that before...
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro
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Location: Disney World


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