). if china rallies off these two terrible down days, i will look to buy back into FXP.
"experts" say the fed took too long to react to the credit and housing crisis and not much can take place to prevent the inevitable.
Looks like a down 100 day was right, WSC. Well done. I didn't think the FOMC would panic like that, but I am not upset that they did......cause if "Scholar Ben" had fled to his economic theory textbooks, then we could've easily had a down 2000 point day today.
Nonetheless, anyone with a brain knows today was nothing but another sucker's short covering rally and has no legs.
This shit is so scary. It really is. My advice is to get long cash and close out long positions until the storm passes.....we got a whole lot more storm coming.
"experts" say the fed took too long to react to the credit and housing crisis and not much can take place to prevent the inevitable.
I wonder if it is worth betting against them with SRS after this pullback. what are these homebuilders going to say? that they think they will build a lot more this year? no way
Established in 1995,
larry kudlow
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