Old Project Avalon Forum (ARCHIVE)

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- Economy and Currency (http://projectavalon.net/forum/forumdisplay.php?f=80)

- - Dow Plunges Again (http://projectavalon.net/forum/showthread.php?t=5380)

sylph16

10-15-2008 08:39 PM

Dow Plunges Again

The yo-yo continues...

http://money.cnn.com/2008/10/15/mark...ion=2008101510

sprocket

10-15-2008 09:33 PM

Re: Dow Plunges Again

You've only got a yo-yo as long as the string doesn't break :)

Also, there no longer seems to be any meaningful correlation between the major currency pairs. The only 'constant' that I can fathom seems to be the Japan Central Bank's 'interventions' which is maintaining the USD value relative to the Yen - the other majors are all over the place! Watch out (below) if/when the JCB decides that this is just throwing good money after bad...

sylph16

10-15-2008 09:44 PM

Re: Dow Plunges Again

Well said Sprocket!

Orion11

10-15-2008 09:57 PM

Re: Dow Plunges Again

woohoo!

that yo yo string is about to break to!!

:D

Oneworld_onemind

10-15-2008 10:01 PM

Re: Dow Plunges Again

check this site..

http://www.dollarcollapse.com/

news updated throught the day and not filtered by CNN etc..

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