[IrrationalExuberanceMonky]

$this->bbcode_second_pass_quote('Jack', '')$this->bbcode_second_pass_quote('Starvid', 'S')ay that again. In English and with punctuation.

[cube]

Normally when the Dow dips it rebounds very easily next week.

NOT this time!

Is it just me or is there a lot more "volatility" in the market these days? Whatever happened to the "old days" when:

If you went long, you could not be wrong.

[Roccland]

And here is the kicker...

the dollar fell with the DOW.

This means things are much worse than they appear.

Game OVER.

[IrrationalExuberanceMonky]

$this->bbcode_second_pass_quote('Roccland', 'A')nd here is the kicker...

the dollar fell with the DOW.

This means things are much worse than they appear.

Game OVER.

[IrrationalExuberanceMonky]

$this->bbcode_second_pass_quote('cube', 'N')ormally when the Dow dips it rebounds very easily next week.

NOT this time!

Is it just me or is there a lot more "volatility" in the market these days? Whatever happened to the "old days" when:

If you went long, you could not be wrong.

[Grimnir]

So is this the game then? Ratchet the Dow down by having it drop on Fridays when people aren't paying attention, then rise by a lesser amount on Mondays when they are?

[Twilight]

$this->bbcode_second_pass_quote('Grimnir', 'S')o is this the game then? Ratchet the Dow down by having it drop on Fridays when people aren't paying attention, then rise by a lesser amount on Mondays when they are?

[Roccland]

$this->bbcode_second_pass_quote('IrrationalExuberanceMonky', '')$this->bbcode_second_pass_quote('Roccland', 'A')nd here is the kicker...

the dollar fell with the DOW.

This means things are much worse than they appear.

Game OVER.

[Eli]

The wheels have come off this time.

Real Estate was the one thing really keeping things humming. Hell, the only thing we have really been exporting have been factories and jobs for the last 7 years.

The housing was driven by the mortgage industry and that was driven by larger banks that were driven by Greenspan and the Fed.

The Mortgage industry has blown up.

Billions of dollars is gone, and it is going to get much much worse. All those people with Arms are going to get slaughtered which was about half the homes sold in the last two years. The rate that they are going to have to be charged will kill them.

Watch the Yen, if it dislocates over night on Sunday, we will all remember Monday for the rest of our lives.

[Roccland]

$this->bbcode_second_pass_quote('Eli', 'T')he wheels have come off this time.

Real Estate was the one thing really keeping things humming. Hell, the only thing we have really been exporting have been factories and jobs for the last 7 years.

The housing was driven by the mortgage industry and that was driven by larger banks that were driven by Greenspan and the Fed.

The Mortgage industry has blown up.

Billions of dollars is gone, and it is going to get much much worse. All those people with Arms are going to get slaughtered which was about half the homes sold in the last two years. The rate that they are going to have to be charged will kill them.

Watch the Yen, if it dislocates over night on Sunday, we will all remember Monday for the rest of our lives.

[newman1979]

The PPT and its counterparts around the world are intervening in markets too much. The 240 point (straight up) recovery earlier this week in the last 1/2 hour was manipulated intervention, IMO, by the PPT and Paulson. It would be interesting to look at his personal holdings, blind or hidden to see if "insider" knowledge is afoot. The credit problem with derivatives being out of control is dangerous for investors in bonds, stocks and real estate.
The yen carry trade and undervalued yen combined with a false interest rate in Japan are overhangs on world markets. Oil and oil wars are also overhangs. With M3 money supply growing at 13% around the world gold looks good, except that central banks intervene in that market also.
OPEC and Russia will be under pressure to "save" the OECD markets. But is that their responsibility? Given their domestic issues, i.e. Islam and attacks on Muslims through the Iraq war, Palestine, and Lebanon, a strong case is made to squeeze the oil market for all they can get. There are, of course, counterbalancing policy options, but if the West always wants to dictate policy, don't they have to show strength to get a seat at the table?

[TonisD]

What exactly does happen on Sunday regarding Yen and the US dollar?

[Eli]

What happens is the number of Yen that the US dollar buys starts to drop. This is a bad thing because, there are a lot of people who have borrowed trillions of Yen and invested it in the US in dollars.

The Yen was loaned at 0% interest or near zero by the Banks in Japan.

When the Yen to dollar drops too much people get a squeezed in the carry trade. If their sure thing US investment starts to tank they not only loose that investment but they get caught in the currency conversion back to Yen.

This has the potential to turn into a mad dash back into the Yen.

[Homesteader]

I hope you guys comment on what is going down vis-a-vis the yen in the next couple of days. I wouldn't begin to know where to find out about this stuff other than here.

[Roccland]

$this->bbcode_second_pass_quote('Homesteader', 'I') hope you guys comment on what is going down vis-a-vis the yen in the next couple of days. I wouldn't begin to know where to find out about this stuff other than here.

[Daculling]

$this->bbcode_second_pass_quote('Homesteader', 'I') hope you guys comment on what is going down vis-a-vis the yen in the next couple of days. I wouldn't begin to know where to find out about this stuff other than here.

[Homesteader]

Rocc & Dac,

Thanks, I'll take a look this evening.

[IrrationalExuberanceMonky]

$this->bbcode_second_pass_quote('Homesteader', 'R')occ & Dac,

Thanks, I'll take a look this evening.

[Bewildebeest]

How so?

[IrrationalExuberanceMonky]

$this->bbcode_second_pass_quote('Bewildebeest', 'H')ow so?