Market keeps gyrating, violating every single rule … waiting for direction … adding to that … rumours … FED to cut discount rate BEFORE meeting … news flashing up … then 10 secs later denied … China widens Yuan band … this means 5 mins bursts, which then are reversed … breaks, rebreaks, rerebreaks … […]
How entertaining TV can be … yesterday … CNBC … declared war on the housing mess … it seems to be a common thing for Americans to declare war on anything which is “disturbing” … So the program shows HOUSE FRONT …
Maria wears a matching jacket to Mozilo’s tie … how sweet …
This […]
Situation:
U.S. Markets: Finished in the red … could have completed an ABC-Type correction … which could spark buying today. Fed seems to be trapped to deliver on a rate cut … 50bps seems a real possibility … even a bigger cut for the discount rate seems possible … OMG … Merill announced that they implemented […]
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