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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Paxb2u who wrote (81164)9/20/2008 11:45:31 AM
From: Real Man  Respond to of 94695
 
That I don't know... However, so far the ECB plays along when
it comes to a sharp adjustment of the dollar. Nobody wants
that. The CBs together can arrange currencies.



To: Paxb2u who wrote (81164)9/20/2008 12:18:09 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Fundamentally this fix is VERY BAD for the dollar, so there
is that risk that it now starts falling sharply. Then we'll have
a BK of the worst kind -g-