The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: Secret_Agent_Man who wrote (12636)	10/8/2008 10:22:16 AM
From: LTK007	Read Replies (1) of 71456

SOMETHINGISWRONG: We KNOW a NORMAL reaction to a CBs joining together and slashing 50 basis points pre-open should have led to a MASSIVE ROCKET TO THE MOON OPEN given ultra ultra ultraextreme oversold conditions. BUT we opened sharply DOWN, and PPT very very likely immediately jumped in and is trying HARD to get buyers to join them.( remember this is their JOB, this is why they exist) The gap down on that news would have triggered a Niagra Falls day if PPT(with banks using Fed Money to buy stocks) had not went into action. 55 minutes have past and DOW now just -18, even after they had jammed hard to about +200. The 3month Libor Rate NOW 4.55!!!!!!!!!!!!!! European stocks remain DOWN over 3%. i attach what i posted yesterday.<?u> <<The head analyst for Raymond James early today, on BTV, said , i paraphrase ' Even though Raymond James propietary indicators are at extreme oversold levels not seen in DECADES we sense SOMETHING IS WRONG,SOMETHING IS NOT RIGHT, so we remain highly in cash and remain in survival mode' Max>>

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