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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: blazenzim who wrote (36721)7/8/2008 8:56:17 AM
From: Real Man  Read Replies (1) | Respond to of 219667
 
Hmmm... US sovereign credit rating must be rock solid then, just
as the agency bonds are. <G> Some sovereign downgrades
happened in Argentina in 2001, and did their currency dive!

If oil and gold go down and the buck goes up short term,
the bloated stock market will move higher. This theme was
played time and time again until they completely killed
the dollar by all the printing and credit expansion they have
done to grow bubbles. Do I smell OTC derivatives going
to 2 quadrillion notional then? I do. <G>