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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?


To: Giordano Bruno who wrote (395502)10/8/2009 12:52:43 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
Forex daily trading volume is 3.98 Trillion. They will need to buy
what China has and then some. It has to be big, kinda like
the trillion dollar drain that the Fed enacted last Fall when
they crashed the markets. They have to drain. That would do it.
Then the buck will go up. And the markets will crash. The second
thing gives them the Willies I'm sure. While the Derivative
Ponzi exists, and it is now stronger than ever,
any rally in the clownbuck will be bad for stocks, cause...
the clownbuck IS the Yen of the late 90-s now.

Of course, if all credit bubbles are forgotten and US economy
recovers better than the Globe, allowing for higher rates, the
dollar will go up. We may need some serious BLS number
fudging for that, and even if they do fudge numbers, the Fed
will have to raise, killing the recovery in question. -g-



To: Giordano Bruno who wrote (395502)10/8/2009 1:08:21 PM
From: Real Man  Respond to of 436258
 
I'll leave that job to the machines -g-



To: Giordano Bruno who wrote (395502)10/8/2009 2:47:53 PM
From: Real Man  Respond to of 436258
 
Your Denninger is starting to move our way - a tad too late,
maybe -g-

market-ticker.denninger.net