what the hell happened 20 mins ago?

Discussion in 'Trading' started by Steelhead, Dec 12, 2007.

  1. thanks in advance--
  2. International coordination to address the liquidity/credit crisis.

    ECB, Bank of Canada and Swiss bank are doing coordinated swap auction. At least that's the blurb I caught off Rick Santelli in the pits on CNBC.

    The main take-away, the international community is in good communication with the Fed and the markets should start to thaw some before the end of the year. Bernanke and the Fed is doing their job, just not communicating it very well to the markets.

    Good Luck!

    From ET member "Algorithm"
  3. I spilled coffee on my desk about then.

    Perhaps you can be a bit more specific with your questioning?
  4. Ivanovich-- i hope it didnt damage your keyboard

    thanks swordsman and algorithym
  5. This has been in the works for weeks.
    Nice move by Bernanke.