Ben Bernanke is the man. Whatever he did, markets just love him (or love what he did).
Gold and Dollar were quite disappoited that 1% cut didn't happen, which is why we're rolling over. It's too early to say, but I think the gold will go to 920 level fairly quickly. Euro will go to 1.54 or 1.5 level quickly as well.
The problem is oil. Yesterday we had about 10-pt range and today about 5 pt range. I thought we were going to see a little more pullback after yesterday's big down, but wow right back up.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment