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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (2695)	11/28/2007 2:53:35 PM
From: RockyBalboa	Read Replies (2) \| Respond to of 71456

Rampant manipulation... looks like offer wanted in the EUR. At the rate, asians make it cross the 1.50 this night. 1.5020 ...

To: Real Man who wrote (2695)	12/18/2007 11:34:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 71456

AP Stocks Rise on Tender by ECB Tuesday December 18, 10:52 am ET By Madlen Read, AP Business Writer Stocks Gain Modestly As European Central Bank Lends $500B; Goldman, Best Buy Post Profit Gains NEW YORK (AP) -- Wall Street rebounded modestly Tuesday from recent losses, finding some comfort in the European Central Bank's issuance of $500 billion in loans to the world's commercial banks. The ECB's massive 16-day tender boosted investors' optimism that the world's central banks may help bring back demand to the struggling areas of the credit market. The Bank of England also said it will offer additional reserves to lenders Tuesday, after the U.S. Federal Reserve on Monday conducted a $20 billion auction of 28-day credit. The Dow Jones industrials had dropped 4 percent over the past week since the Fed's decision last Tuesday to lower interest rates by a quarter point, less than many investors hoped. Wall Street has been doubting the commitment of the world's central banks to reversing credit tightness. "We've had a rough, rough ride since last Tuesday," said Ryan Detrick, strategist at Schaeffer's Investment Research. "But this is one of the biggest injections we've seen. Five hundred billion -- that's definitely trying to fix things." biz.yahoo.com