wndysrf Posted December 26, 2003 Report Share Posted December 26, 2003 Morning all The run out of the doolar continues US DOLLAR INDX MCH04 8780 8783 8776 8777 -12 :shocked Here is why the dollar is tanking today: 9:11am 12/26/03 Fed in no hurry to raise rates, McTeer says By Rex Nutting WASHINGTON (CBS.MW) -- The Federal Reserve won't rush to raise its interest rate target as long as U.S. inflation is not a clear danger, said Robert McTeer, president of the Dallas Federal Reserve Bank. Appearing on CNNfn, McTeer said he sees plenty of slack in the U.S. economy even as the recovery gains steam. McTeer is not a voting member of the Federal Open Market Committee in 2004, but he does participate in monetary policy discussions. Link to comment Share on other sites More sharing options...
Ned38 Posted December 26, 2003 Report Share Posted December 26, 2003 Is Kitco right or is Forex right-----I see 2 different prices for gold Link to comment Share on other sites More sharing options...
Bird D Durr Posted December 26, 2003 Report Share Posted December 26, 2003 No selling this year........... No one wants to lock in any of those 50-100% Profits........... Link to comment Share on other sites More sharing options...
GregFokker Posted December 26, 2003 Report Share Posted December 26, 2003 You might have sumpin, Durr- perhaps all the buying has been bears locking in losses Link to comment Share on other sites More sharing options...
soup Posted December 26, 2003 Report Share Posted December 26, 2003 mainline tick @ + 1000 mark the dow up a hundie and call it a day. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2003 Report Share Posted December 26, 2003 Where'd you get the idea the dollar is tanking today? It's currently flat right around 87.50. Almost no movement whatsoever in the last 48 hours. Link to comment Share on other sites More sharing options...
DrStool Posted December 26, 2003 Report Share Posted December 26, 2003 That does not mean it's not going to tank. It is. Link to comment Share on other sites More sharing options...
anotherone Posted December 26, 2003 Report Share Posted December 26, 2003 ...only a temporary respite before a renewed decline through the October 2002 lows toward 666. Is he expecting the Anti-Christ? Link to comment Share on other sites More sharing options...
Bearbones Posted December 26, 2003 Report Share Posted December 26, 2003 Is he expecting the Anti-Christ? Yes, Abby Cohen. Link to comment Share on other sites More sharing options...
purdymouth Posted December 26, 2003 Report Share Posted December 26, 2003 blackbelt's final top (1093 +/- 3 pts.) go bye-bye :cry: :cry: time to rethink things Link to comment Share on other sites More sharing options...
GregFokker Posted December 26, 2003 Report Share Posted December 26, 2003 Weakend repo 5.75B, no expiries, pure jam. Link to comment Share on other sites More sharing options...
Dharmaeye Posted December 26, 2003 Report Share Posted December 26, 2003 No Intraday Anals this AM? Link to comment Share on other sites More sharing options...
Bearbones Posted December 26, 2003 Report Share Posted December 26, 2003 blackbelt's final top (1093 +/- 3 pts.) go bye-bye :cry: :cry: time to rethink things This market is in the process of getting rid of every single bear except Doc. No prisoners to those who remember the joys of easy profits on the short side. Link to comment Share on other sites More sharing options...
soup Posted December 26, 2003 Report Share Posted December 26, 2003 This is one very , very unhealthy mkt. Just like bubble 1 when every shill and every J6P was saying how groovy things were. Well, things are seldom as they seem, particulary to the conventional wisdom. This type of mkt action just guarentees a massive rout in both the stock mkt and the economy. Link to comment Share on other sites More sharing options...
Guest jrmfl Posted December 26, 2003 Report Share Posted December 26, 2003 moring all, hope everyone had a merry xmas! marc farber's interview on FSO is an excellent listen. The Dollar's Fall & the Continuing Boom in Commodities, Especially Gold Link to comment Share on other sites More sharing options...
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