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Strategies & Market Trends : Waiting for the big Kahuna

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To: $Mogul who wrote (77178)10/29/2007 10:07:44 PM
From: Real Man  Read Replies (1) of 94695
 
Another cut, and the dollar is likely to start free falling,
IMHO. We could see oil flying to 120 in a heartbeat and
stocks crashing then. BB should
think twice about doing what he's told to do (25-50 bp cut).
I'm not entirely sure that whatever he does is relevant
at this point, i.e., the dollar could start free falling
at any time regardless. No cut could buy some more time,
and that's why I think he will opt for that one, but the
dollar run is coming. A 50 bp. cut will likely start
this process right NOW. Expected 25 bp. will increase the
dollar slope some more.
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