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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (112947)4/18/2008 9:11:13 PM
From: Kerry Phineas  Read Replies (2) | Respond to of 132070
 
We've had some sort of manipulation the last two expirations. Presumably someone is intentionally manipulating the market when it is cheap to do it. Bully for them.

A few companies did really well, although I'd guess those companies all reported first.

I'm just glad that I'm doing this well. (I'm long and I'm strong and I'm bound to get the friction on.)



To: Knighty Tin who wrote (112947)4/20/2008 5:07:43 PM
From: marcher  Read Replies (1) | Respond to of 132070
 
mike, i'm very curious about what european financial leaders mean when they state they will intervene to reduce the relative value of the euro. what do you expect them to do? do you expect them to do something (what?) to increase the dollar's value relative to the euro?

cheers!
--marc



To: Knighty Tin who wrote (112947)4/20/2008 6:37:50 PM
From: marcher  Read Replies (1) | Respond to of 132070
 
>>Friday, the closely watched three-month U.S. dollar Libor rose 0.09 percentage point to 2.9075%, its highest in nearly six weeks. Between Wednesday and Friday, the rate rose 0.174 percentage point, an increase that hadn't been seen since August and the start of the financial turndown that has spread from banks into the broader economy. Meanwhile, the six-month U.S. dollar rate -- used as the basis for payments on most subprime mortgages -- rose even more sharply and was quoted Friday at 3.01875%, or 0.33 percentage point more than at the start of the week.<<

it this the european dollar-focused intervention?