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


To: Real Man who wrote (12302)10/3/2008 4:36:06 PM
From: the navigator  Respond to of 71456
 
I think 50bp. on Monday

I'll see your 50 and raise you 25. <g>



To: Real Man who wrote (12302)10/3/2008 7:20:51 PM
From: LTK0074 Recommendations  Read Replies (2) | Respond to of 71456
 
<< I think 50bp. on Monday >> i have been running a lot charts, i think the PPT is also, i think they see what we and others are seeing a TRUE CRASH ahead coming this Monday.

Now let's remember the PPT is MANDATED to do ANYTHING necessary to prevent a crash.
i have read the The Working Group(PPT) original mandate, it SPECIFICALLY states in the actual document drawn up post crash of 1987 that they can do ANYTHING to prevent a market crash.

We have posted the document several times in SI,iHub, but i remain in awe of how many people haven't actually read it.

Now if PPT is to fulfill their mandate they must pull off something between now and 9:30am Monday.

i think a 50basis cut announcement at 8:30am Monday would likely be a must do per their mandate.

But i say we are in a HISTORIC CRASH set-up going into next week, the ball is now in PPT's(Project Plunge Control Team) court.
PPT's chain of command is Paulson and then Bernanke.
But the NSA has input.

That the market sold the the passing of "rescue package" and that the internatinal financial world voted with the TED SPREAD, with showing a "F--k that rescue package, it is GARBAGE" by having the TED SPREAD RISE even higher post the bill's passing is OMINOUS and has scared PPT "FER SURE!".

Monday morning will be fascinating.
But the first thing PPT will do is buy up futures Sunday night in a desperate attempt to keep futures green heading into Monday Morning.
Those that can't visualize phones are now ringing world wide, wheeeling dealing going on to the max, as PPT is now acting under the Presidential Proclamation of 1987 that demands they act, and with URGENCY, and to do ANYTHING they deem needed, well, frankly, they that can't visualize this don't know TWIT about the market place and PPT's involvement at times like this.

Max.