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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (70786)11/1/2007 5:27:27 PM
From: Crimson Ghost  Respond to of 116555
 
The big drop in bond yields today reduces the chance of anything more than a dead cat bounce in the buck IMHO.



To: mishedlo who wrote (70786)11/1/2007 6:34:58 PM
From: sea_biscuit  Respond to of 116555
 
Yes, I agree. More cuts are coming. After all, how else can you get the morons to crash through the doors, punch one another and trample upon those who have fallen down... in order to get that digital camera for $50 off (which they charge on their credit cards, yes, the same cards that they "forgot" to cut up when they consolidated their loans into their mortgage!)



To: mishedlo who wrote (70786)11/1/2007 7:48:56 PM
From: Real Man  Read Replies (3) | Respond to of 116555
 
50/50 now, depends on non-farm payrolls tomorrow. Above 125K
will make the dollar rally and the chance of another cut
in December will drop.