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Strategies & Market Trends : The coming US dollar crisis

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To: stan_hughes who wrote (6181)4/15/2008 1:51:18 PM
From: Real Man  Read Replies (2) of 71475
 
LOL! Anything that pushes stocks up. Stocks drop 5% - and you
see a parade of Bush, aides, Bernanke and Paulson telling us
the economy is OK. Stocks drop 15% - and you see 200 bp.
emergency cuts and 150 bln. tax package. Geez, why not just
buy 1,000,000,000 e-mini contracts and push the DOW to 20K
already? What's this thing with the cuts? Hey, maybe Fed buying
housing futures will help? Stocks drop 5%, and the Fed
funds expectations for the next meeting immediately start
pricing a 75-100 bp. cut. Stocks rally - and the cut
disappears. There is no need for the cut all of a sudden,
that despite record foreclosures and sharply dropping housing
prices.
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