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Strategies & Market Trends : Waiting for the big Kahuna
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To: GROUND ZERO™ who wrote (77794)11/26/2007 12:28:24 PM
From: Real Man  Read Replies (1) of 94695
 
Yep, it's all in the Fed's hands.... Or is it? To drop oil and
commodities, they will need to drain some liquidity, but not
too much, or stocks will BK. <g> The banking/derivative
crisis requires constant liquidity injections in some form
from the Fed. They need to either support the dollar and
NOT bail out banks, or let it fall to zero -g- Their choice,
and I think they made the second choice - letting the dollar
fall to zero. -g-
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