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Re: ClayTrader post# 28440

Thursday, 10/09/2008 3:39:57 AM

Thursday, October 09, 2008 3:39:57 AM

Post# of 50030
The dollar is no more based on current deficit, so rate cuts are welcomed to keep the market semi afloat . Big boys want it down couple thousand on the Dow but the FED is sure trying their hardest to avoid killing the confidence to zero but its at negative 10 in my book. I agree that if they dont relax the markets your 7500 on the DOW may easily turn into a 1000 and than the freaking world becomes a desert of BK. I think we will get out of this slump quicker than most think ,the world leaders will not allow such a disaster.


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