Discussion in 'Trading' started by ByLoSellHi, Mar 14, 2008.
Watch. It's a fait accompli.
Anyone with a clue drew way down on the 400 point rally this week.
Psst. The dollar is crashing. Fastest I've seen.... ever.
Could happen - I have been shorting rallies with reckless abandon for many weeks now and I still have not seen what I think is a bottm.
Oh there's been faster days but never in succession.
You shoulda seen 1985 to 87. G5 conspired to hammer dollar. Fell at this speed for 2 years. Was way over valued then however.
So far, not too bad. markets down, but could be worse.
I think we may see some short covering into the close. Who wants to be short if helicopter ben & co. surprise with a rate cut monday am before the market opens?
I was one year old! Less.
Do you honestly think a rate cut to ZERO would do any good?
It will just hammer the dollar into peso territory.
We'll have stckturdr's 200 oil for sure, then. And a depression.
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