Discussion in 'Trading' started by Hitnruntrader, Mar 16, 2008.
ITs all OVER folks.
Mad rush for the exits.
The currency markets are sure indicating a cataclysm. Intervention is the only thing that's going to stop this. USD/YEN falling like a meteorite.
The fed will do an emergency rate cut
Which will do nothing for the currency markets except make things worse.
RATE CUT hell no!!! If they cut the FED rate anymore they will only push the dollar down further.....
um, didn't they cut the discount rate already tonight? Lot of good that did.
If there is anyone in this fuckin gov't who has a clue, get that idiot Bernanke to raise rates now.. Yes RAISE rates. The market will have a spasm but might actually go positive. If the dollar isnt stabilized, I dont know what will happen in the next 2 weeks.
Emini S&P 500 was down 6, now up 10 !
This is so crazy !!!
What is going on ?
How can this be ?
Shouldn't it be down at least 20 ?
Exactly. They're not thinking CLEARLY here.
This "Sea of Money" they're creating is clearly being seen by the market as dangerous in the medium/long term.
They can't "see" this ?
They can care less about the $. If they did care they would have done something years ago.
Forget about it now, I said the same thing about rates and that they shouldnt have been lowering them but they dont care about the falling $, all they care about is providing liquidity to the markets and an everlasting BULL MARKET.
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