FOREX TRADERS

[Worn_Buffet]

Edit: well indeed on the selfish side I hope we all fare as well as possible....however the realist in me feels very strongly that all the indeces need to get to a level that fairly & accurately measures where the mrkt truly is...."artificial" levels such as these only puts off the inevitible that much longer. Hit that bottom ASAP, get it all over with & then we can have that range u r ref to & maybe even after it all washes out & we get new rules & regs to the game, then & only then should we be seein the slow move back up.

& speakin of rules & regs....been meanin ta ask this for quite sometime....& now that I see talk of the circuit breakers it reminds me......whatever happened to the "Curbs"? I recall when there was huge moves to either side that we used to see the phrase next to the major indece quotes "curbs in"....dont recall seein that for quite sometime....at least not during the spikes to either direction over the last several mos.

& what did it mean? Are curbs like an advance warning that we're gettin close to the circuit breaker being put in action?

Daiello, you surely must know bein our closest resident Insider, eh?

& Nettles....in answer to your ? of why all the panic early on today......so far this is the best explanation I could dig up....perhaps we're finally following the lead from across the pond a bit instead of the other way 'round? oh the times they are a changin....& dont get me wrong....not sayin it's a complete decoupling per se...yet anyways....but I feel we've been movin slowly in this direction for quite some time now. After all, why would the rest of world wanna be trusting us over here w/all the events as of late? Maybe it's time we take a lil step back & watch how other countries are choosing to deal w/all this....like the interbank guarantee over in the Eurozone.....something our bonehead polticians & economic brainiacs shoulda done right from the get go....duhhhhh.

http://biz.yahoo.com/ap/081024/wall_street.html













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