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


To: Giordano Bruno who wrote (8974)6/15/2008 11:12:44 PM
From: RockyBalboa  Read Replies (1) | Respond to of 71405
 
Some drip drip because the 50pt hysteric rise was too much on Friday. It should not drip more than 15 points or so.

Then markets are quite a bit positive today: Asia is generally up, Korea too. I checked FDIC: no bank has been shut down.

In general, it looks like a buy once some nervous sellers are done. Theres a lineup on the ask in the Nasdaq future. I guess they should trade through their pieces first (thats why it should drip).

The carry trade is already up, and no buyers in Yen, so fear level is low and the Frogs plea for a stronger yen falls on deaf ears...

Likewise, Gold sees no love but all ags go through the roof.