IF we hit the lows again people are going to freak OUT
#1
Posted 10 August 2007 - 11:47 AM
#2
Posted 10 August 2007 - 11:55 AM
what do you mean"if" ?
ed rader
#3
Posted 10 August 2007 - 11:56 AM
#4
Posted 10 August 2007 - 12:08 PM
Edited by ogm, 10 August 2007 - 12:09 PM.
#5
Posted 10 August 2007 - 12:28 PM
Not just the bulls.. God help us all pretty much...
That will mean that the world financial system has become so unstable that even massive injections of liquidity by the world central banks are unable to hold it anymore.
There is still plenty of liquidation going on, but this must hold. And more importantly have a stable close.
The world central banks at this point will do everything possible to contain the situation. Or we'll live in the world of cascading debt defaults.
Corporates, Munis, Treasuries... all that stuff that is being issued in record numbers with junk rating.... all of it will start spiraling out of control and will bury the world economy.
They must stop it now.
No, they'll stop it AFTER those who bought it on the news capitulate. The first reaction buyers will get hosed. It takes some time for them to see what they wanna buy. They're not going to shovel cash into the market right after the news is released. Which is why I think... retest of lows today, rally starts next week.
#6
Posted 10 August 2007 - 12:31 PM
#7
Posted 10 August 2007 - 12:41 PM
can someone explain to me why ECB are planning to raise rates, when they are currently injecting funds into the market
why not just keep rates on hold
btw man will inflation data be important next week
like previous corrections core inflation data needs to be healthy in order for the market to establish a rising trend
There is no way they will raise rates here. They just injected almost $200 bil in liquidity in the market. Who said they are still planning to raise them ?
#8
Posted 10 August 2007 - 02:25 PM