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#1
02-27-2007, 04:54 PM
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CRASH on the DOW
DOW down 416 for the day. OUcH ! I knew I should have moved that retirement money sooner. And here I was piddling with Tampa BAy today. usually an off day.
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#2
02-27-2007, 05:03 PM
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Quote:
I started a thread this morning in the "off topics" room...see China sell off. When I woke up and saw that China had lost 8%, I wanted to let you all know. The key is to watch how the dollar trades against the yen. Down from 120 to 118.
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#3
02-27-2007, 05:11 PM
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This isn't a crash. Just wait. This will get far worse. I've been in puts on the market in various stocks for the last two weeks. Sweet redemption today. The VIX has been so low for so long, it just shows everyone who believed this goldilocks nonsense is crazy...The housing market will be getting worse as well. Median prices were down today yet the rah rah media wants to point to increased sales. LMAO, yeah b/c prices are falling.
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#4
03-02-2007, 08:38 PM
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#5
03-04-2007, 05:56 PM
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This article attempts to project the upcoming week.
http://news.yahoo.com/s/ap/20070304/...week_ahead????
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#6
03-04-2007, 05:57 PM
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#7
03-04-2007, 06:07 PM
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I only follow gold and other metals regarding oil futures. To me, the yen-dollar exchange rate seems to be a better indicator. To each their own. Seems that lots of investors are going to the bond market and waiting for things to settle. This week should be choppy. One report I heard said it could take six months for things to stabilize. I'm not "doom and gloom" at this point, just cautious. I'm watching as of now. Some bargains are there, as prices got dragged down along with others that really needed correction. btw...the links I post are just for information purposes. I'm not looking to debate, just to bring views to assist understanding.
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