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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Perspective who wrote (83857)8/8/2007 12:09:09 AM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
Something to consider tonight (posted by me on the CFZ):

Just pondering one thing tonight: Why did the Chinese make the now-famous statement about the "nuclear option" of dollar based asset sales today, the day of a (some would say) pivotal FRB meeting? Could it be they're tired of seeing their Forex holdings turn to $hit due to wanton Amelican profligacy. Is FRB policy now being set in Beijing? Is the war over and the Terrorsits have Already Won? Chilling stuff, man, chilling.....



To: Perspective who wrote (83857)8/8/2007 12:28:47 AM
From: THRead Replies (1) | Respond to of 306849
 
bobcor,

I read your post and I agree that looks very possible. With Hank the Snake slithering about my expectations of a real pullback are low.

I was laughing at Cramer tonight as he explained that the Fed statement was a victory. He said the Fed noticed turmoil.

The guy is easy to please.

I look forward to his next breakdown (staged or otherwise). It can't come soon enough for me.

Hoping those projections that half the hedge funds close up shop are more than wishful thinking.

Good Trading
TH