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Strategies & Market Trends : Currencies and the Global Capital Markets

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To: Zeev Hed who wrote (2907)1/7/2001 5:15:30 PM
From: Henry Volquardsen  Read Replies (1) of 3536
 
Zeev,

When I saw that both you and I plus another couple of folks had the identical scenario I got a very nervous feeling. To many wise guys with the same idea. Markets always move to frustrate the largest possible number of people :)

I think the rumours of BofA credit problems that circulated prior to the open put the market in a very bad mood all day. Pretty much confirming your notion that a lot of people started worrying about what the Fed might know that we don't. You just can't make people happy sometimes ;)

Henry
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