DOW - 1000 Tomorrow

Hitnruntrader · Mar 16, 2008

ITs all OVER folks.

Mad rush for the exits.

BLACK MONDAY

Ivanovich · Mar 16, 2008

The currency markets are sure indicating a cataclysm. Intervention is the only thing that's going to stop this. USD/YEN falling like a meteorite.

stock_trad3r · Mar 16, 2008

The fed will do an emergency rate cut

Ivanovich · Mar 16, 2008

Which will do nothing for the currency markets except make things worse.

Trendytrader · Mar 16, 2008

RATE CUT hell no!!! If they cut the FED rate anymore they will only push the dollar down further.....

dcvtss · Mar 16, 2008

um, didn't they cut the discount rate already tonight? Lot of good that did.

NQscalper · Mar 16, 2008

If there is anyone in this fuckin gov't who has a clue, get that idiot Bernanke to raise rates now.. Yes RAISE rates. The market will have a spasm but might actually go positive. If the dollar isnt stabilized, I dont know what will happen in the next 2 weeks.

syswizard · Mar 16, 2008

Emini S&P 500 was down 6, now up 10 !
This is so crazy !!!
What is going on ?
How can this be ?
Shouldn't it be down at least 20 ?

syswizard · Mar 16, 2008

Quote from NQscalper:

If there is anyone in this fuckin gov't who has a clue, get that idiot Bernanke to raise rates now.. Yes RAISE rates. The market will have a spasm but might actually go positive. If the dollar isnt stabilized, I dont know what will happen in the next 2 weeks.

Exactly. They're not thinking CLEARLY here.
This "Sea of Money" they're creating is clearly being seen by the market as dangerous in the medium/long term.
They can't "see" this ?

S2007S · Mar 16, 2008

Quote from NQscalper:

If there is anyone in this fuckin gov't who has a clue, get that idiot Bernanke to raise rates now.. Yes RAISE rates. The market will have a spasm but might actually go positive. If the dollar isnt stabilized, I dont know what will happen in the next 2 weeks.

They can care less about the $. If they did care they would have done something years ago.

Forget about it now, I said the same thing about rates and that they shouldnt have been lowering them but they dont care about the falling $, all they care about is providing liquidity to the markets and an everlasting BULL MARKET.