Let's not forget what a fiat currency is. Our fiat currency is a federal reserve note; a debt. If I borrow from you today and I intend on repayment of less than I borrowed tomorrow, I am more or less stealing from you.
Yes, the psychology of 10k would be disasterous. The Fed won't let it go that low--they will cut rates until equities begin to rise again.
i am merely stating where my understanding says it SHOULD go.
I don't know what caused it but I am glad the site is up and going again, I didn't know what to do w/o the jreynolds undicator. :) Just messin' w/ ya brotha.. Just lay off the caps a bit and consolidate your market predictions into one thread.
GL & GT to all today.
It has been brought to my attention that there are some threads where only certain pairs are allowed, that is not the case here. Let's have fun and get big profits.