Agree.. all the bad news is out ,, for now ,, we know that yen could hit 110 ,, but some one unloaded yen last night ,, we know that Brazil still needs to have IMF deal worked out ,, but no one from KO to GM wants to see the country go defunct..
Market is expecting further 1/4 point cut ,, may be even 1/2 point to create liquidity ,, Yen's strength has alliviated rest of Asian concern for now ,,
Every day street is coming with grips with new reality ,, and this new reality is fear and greed,, and I dare say no one is really doing well in this market,,
As for this up and down ,, I think we will have more of it till end of December ,, when all the fear and greed has left the streets,,
Meanwhile ,, no matter how bloody it gets ,, we need to stay with it,,
It is the only game in town ..
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