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


To: rubbersoul who wrote (29521)8/11/2010 6:40:13 AM
From: Real Man  Read Replies (1) | Respond to of 71407
 
Giving it some thought, no. The Fed just stated they will
roll MBS into treasuries, which certainly reveals the
previous lie (we will drain all this stuff we printed), but
changes little for the moment, and it is "now" that the market
cares most about.

No new printing that many have expected, and the Fed
wasn't draining nothing anyhow. The market reaction
is turning negative. I guess $$$ are more important than
words. -ggg-