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


To: GROUND ZERO™ who wrote (90810)10/26/2009 9:59:59 AM
From: fred woodall  Read Replies (1) | Respond to of 94695
 
GZ there was a report last night in a Chinese central bank-backed (People's Bank of China Financial News) newspaper that suggested the country diversify its reserves away from the U.S. currency. That is why the dollar is down and the market is up.



To: GROUND ZERO™ who wrote (90810)10/26/2009 10:01:26 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
Argh, manipulating currencies. They say it never works. Xept
of course... he can totally drain the banking system of
$1 Trillion he just printed, and then raise rates to 10%.
That'll work. But I don't wanna say where stocks will go. -g-