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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 8:10 pm Reply with quoteBack to top

After the 50bp cut today, the dollar fell off a cliff.

It's jumping around right now, but a final trade below 75 looks likely.

We are in uncharted territory on the dollar, but they are doing cartwheels down Wall Street since they were successful at strong arming the Fed into another cut.
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angryvoodoo
Demolition Man


Joined: 20 Nov 2007
Posts: 2110
Location: ny

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 9:40 pm Reply with quoteBack to top

whats it all mean

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maudejo
Schumpeter Reincarnate


Joined: 11 Dec 2007
Posts: 4790

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 9:43 pm Reply with quoteBack to top

angryvoodoo wrote:
whats it all mean


It means the great rebate checks we'll be getting later on this year will be in the AMERO.
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Rotag
Wrecking crew


Joined: 01 Nov 2007
Posts: 1722

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 9:44 pm Reply with quoteBack to top

Very funny,

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bdc63
Schumpeter Reincarnate


Joined: 16 Feb 2007
Posts: 4392
Location: Maryland

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 9:48 pm Reply with quoteBack to top

maudejo wrote:
angryvoodoo wrote:
whats it all mean


It means the great rebate checks we'll be getting later on this year will be in the AMERO.


I guess we better start practicing our Spanglish, ay?
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NewYorkChris
Cherry Bomb


Joined: 13 May 2007
Posts: 105
Location: Texas

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 9:55 pm Reply with quoteBack to top

angryvoodoo wrote:
whats it all mean


Your check for $600.00 isn't worth $600.00 when you get it.

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Today "I'm not interested in the return ON my money, but rather, the return OF my money."
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angryvoodoo
Demolition Man


Joined: 20 Nov 2007
Posts: 2110
Location: ny

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 10:00 pm Reply with quoteBack to top

then i better bring in tin foil hats for everyone here at work that made fun of me behind my back for predicitng $10 gallons of milk 4 weeks ago.

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maudejo
Schumpeter Reincarnate


Joined: 11 Dec 2007
Posts: 4790

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 10:31 pm Reply with quoteBack to top

angryvoodoo wrote:
then i better bring in tin foil hats for everyone here at work that made fun of me behind my back for predicitng $10 gallons of milk 4 weeks ago.


I think they're going to need alot more than that when they open their eyes and see the cliff we are about to go over...
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maudejo
Schumpeter Reincarnate


Joined: 11 Dec 2007
Posts: 4790

Re: US$ threatening an all time low close
PostPosted: Wed Jan 30, 2008 10:32 pm Reply with quoteBack to top

bdc63 wrote:
maudejo wrote:
angryvoodoo wrote:
whats it all mean


It means the great rebate checks we'll be getting later on this year will be in the AMERO.


I guess we better start practicing our Spanglish, ay?


yasee
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