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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (76833)9/10/2007 3:11:12 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
That's very possible. It seems the powers that be fear even a
5% market drop nowadays, it's like the rising stock market is
now a matter of national security. Cuts and all sorts of
things are coming -g- I'll just sit and wait for the dollar
reaction. This sort of government support has a price, and
that price is the value of the dollar. The Fed has become
a bit concerned about it, since foreign CBs have been selling
dollars all August, and we have finally seen a 10% correction.
Now if they are more concerned about falling stocks, we could
see rising stocks and falling dollar. -g-