D O W Through 12,000 On Spreading Optimism From The E U

[Realistbear]

http://uk.finance.yahoo.com/news/Stocks-oil-gain-Obama-speech-reuters_molt-638413772.html?x=0

NEW YORK (Xetra: A0DKRK - news) (Reuters) - World stocks and crude oil rose on Wednesday after U.S. President Barack Obama's pledge to trim deficit spending added to optimism that the Federal Reserve will retain its stimulative monetary policy.

None expect the Fed to alter its benchmark interest rate at the end of a two-day meeting of policymakers on Wednesday, but investors hope the focus will remain on supporting economic growth with $600 billion in purchases of government debt.

THink positive and it will all be allright.

[The Masked Tulip]

Plenty of people online today saying that the UK figures point to more QE not just in the UK but in the US which means stocks continuing to soar?

[Realistbear]

Plenty of people online today saying that the UK figures point to more QE not just in the UK but in the US which means stocks continuing to soar?

I got back in shortly after Crimbo but am keeping the mouse close to hand for a quick sell. Short term stocks look good but the mess is by no means cleared up. MT and LT I would be stocks lite and maybe bonds might be a good better by the 3rd or 4th Q. Very hard to come up with a strategy as the whole thing is so badly rigged.