>>>>Today is interesting: up 300 as of now:
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>>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.
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>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.
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>my 0.02 (won't tell the currency)
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>thomas
I think it more reflects Bernanke individuality. In regard to crisis, I did not say that it is over. My point was that, no matter what crisis is on, investors should keep cool heads.
Edward Pikman
Independent Consultant