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Re: THE_YAK post# 434962

Saturday, 08/06/2011 5:51:44 PM

Saturday, August 06, 2011 5:51:44 PM

Post# of 704570
Who knows what happens Sunday night. So much in the news right now from the G-7 meeting to have a worldwide intervention to other ideas. My knee jerk reaction is we open Monday a LOT lower across the board but then I think how will this effect the various asset classes. It would seem possible that the dollar gets hit hard vs. other currencies. For instance, if the USD got hit would the EUR rally? Would this cause crude to rally huge as w? Or would the hit take crude down a lot lower. My initial thought speculates the stock market could have some wild wild swings both down and up, especially if the dollar takes a big hit. No one seems to really know as we're in un-charted territory so to say....I guess we got about 24 hrs now to find direction when Asia opens....

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