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Any bets on the DOW today ?
Message
From
19/03/2008 03:17:56
 
 
To
18/03/2008 14:16:05
General information
Forum:
Finances
Category:
Stock markets
Miscellaneous
Thread ID:
01302623
Message ID:
01303263
Views:
15
>>>Today is interesting: up 300 as of now:

>It is absolutely normal market behavior. It is used to go up and down, and considering any move in any direction as 'wrong' is wrong.

NO upspike on an interest drop would be very low probability<g>. But the speed and amount of dropping (slashing 4.5 to 2.25 in the first quarter) is IMHO not a sign that the crisis is nearly over. It smells more "desperation" than like "fine tuning", both from the step sizes and frequency.

my 0.02 (won't tell the currency)

thomas
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