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Re: "Ben" would like a word!
Wow, had Greenspan said that the DOW would be at 15K already.Originally posted by Mega View Post"Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
- Charles Mackay -
Re: "Ben" would like a word!
Well where else to put those $?
Homes are crashing, Bonds not much better.............Stocks & soon Gold i suspect.
MikeComment
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Re: "Ben" would like a word!
He's flip-flopping...
I would think the opposite? Did one of us read it wrong?Originally posted by Tet View PostComment
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Re: "Ben" would like a word!
The Market.Originally posted by lb View Post
Bad news is good news and real bad news is very good news. Benboy just implied he would need to cut rates, or that is what Sir Alan would have been implying had he said it. Rate cuts make the market explode, with this said just the thought of a rate cut gets the market over reacting."Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
- Charles MackayComment
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Re: "Ben" would like a word!
Ok, just a Layman from Liverpool, but.......Your NOT going to get a rate cut, no way!
He cuts rates, the $ dies!
I suspect the $ is already at "Stall speed".
MikeComment
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Re: "Ben" would like a word!
Originally posted by Mega View Post
The dollar is on the vent, on levophed with a GCS of 6. Nuff said :cool:
The fundamentals arent going to get any better, and our corrupt government didnt, wont do, the correct thing. Just follow the bubbles :mad:I one day will run with the big dogs in the world currency markets, and stick it to the manComment
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Re: "Ben" would like a word!
I would recommend following oil not rates for the d0llars lack of strength or the fact that the d0llar is up about 2% since the beginning of May. Lot's of crude coming on the market, a stronger d0llar is a d0llar that purchases more crude. This one fact alone is why Central Banks even hold d0llars is for the purchase of crude.Originally posted by Mega View Post
When 9 out of 10 say that rates are going higher, the contrarian knows rates go lower and lower from a long term chart is the only direction rates can head until a new economic game gets created. The Fed always sets up the view that screws over the herd, especially when the herd is headed in the same direction."Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one."
- Charles MackayComment
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