The Dow isn't down, the dollar is up

[InvalidID]

Anyone following the market today might be under the impression that it's a rough day on Wall St. I have to tell ya'll it just ain't so. The Euro is in full on implosion at the moment and the Swssie is no longer a safe place to park cash. What's that mean?

Means the dollar is getting a lot of love today. You can make more money just holding cash than holding a stock. It also increases the likelihood of borrowing more money, QE3, or any other general US debt. It's war, and we've been winning. Clearly the ECB and most of Europe took the nuclear option, hence the Swissies peg to the Euro. It's almost over, but I still am calling for Oct as the drop dead date.

[TNHermit]

Originally Posted by InvalidID

Anyone following the market today might be under the impression that it's a rough day on Wall St. I have to tell ya'll it just ain't so. The Euro is in full on implosion at the moment and the Swssie is no longer a safe place to park cash. What's that mean?

Means the dollar is getting a lot of love today. You can make more money just holding cash than holding a stock. It also increases the likelihood of borrowing more money, QE3, or any other general US debt. It's war, and we've been winning. Clearly the ECB and most of Europe took the nuclear option, hence the Swissies peg to the Euro. It's almost over, but I still am calling for Oct as the drop dead date.

I dont want to wait that long. I'm fed up. I want it TODAY!!!!

[AngieM2]

Originally Posted by TNHermit

I dont want to wait that long. I'm fed up. I want it TODAY!!!!

Are you stomping your feet to make sure "they" know you mean it?

[InvalidID]

I'm quite happy to wait until Oct. I'd prefer to wait until after harvest time and all.

[TNHermit]

Originally Posted by AngieM2

Are you stomping your feet to make sure "they" know you mean it?

Kicking the virtual cat. sooner we get thing trashed the sooner we can get to putting it back together. But it has to crash. turning it around will NOT work