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Notes to myself, possibly of interest to others.
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Wednesday, February 2, 2011

Reportage and Commentary from ZH: The Rally Will Continue

Per Reuters: "The Federal Reserve could debate extending its bond-buying program beyond June if U.S. economic data prove weaker than policymakers expect, Kansas City Fed President Thomas Hoenig said. Another round of bond buying "may get discussed" if the numbers look "disappointing," Hoenig told Market News International in an interview published on Tuesday." 
ZH:  Obviously, this is merely a scheme to keep the market well bid no matter how violent the revolutionary images on TV... Even more obviously, it means that oil is going to $200 on short notice
---Zero Hedge

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