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November 9, 2008 at 12:12 PM in reply to: OT: China announces $586 billion economic stimulus plan #302301November 9, 2008 at 12:12 PM in reply to: OT: China announces $586 billion economic stimulus plan #302356
Running Bear
ParticipantThebreeze,
I don’t think FXI will be as great a buy as you think. China is in big trouble and they are going to go through some very rough times ahead. I think the better bet is wait for the pop we get off of this news and then buy FXP instead.
My2Cents
November 9, 2008 at 12:12 PM in reply to: OT: China announces $586 billion economic stimulus plan #302274ParticipantThebreeze,
I don’t think FXI will be as great a buy as you think. China is in big trouble and they are going to go through some very rough times ahead. I think the better bet is wait for the pop we get off of this news and then buy FXP instead.
My2Cents
November 9, 2008 at 12:12 PM in reply to: OT: China announces $586 billion economic stimulus plan #301916ParticipantThebreeze,
I don’t think FXI will be as great a buy as you think. China is in big trouble and they are going to go through some very rough times ahead. I think the better bet is wait for the pop we get off of this news and then buy FXP instead.
My2Cents
November 9, 2008 at 12:12 PM in reply to: OT: China announces $586 billion economic stimulus plan #302282ParticipantThebreeze,
I don’t think FXI will be as great a buy as you think. China is in big trouble and they are going to go through some very rough times ahead. I think the better bet is wait for the pop we get off of this news and then buy FXP instead.
My2Cents
ParticipantKev,
On Friday it just adds to the sell off if it keeps dropping after hours. However, looking at the futures and where it locked up if the futures didn’t move at all until we opened on Monday we would open about -100 on the DOW from the close today. My hunch however is that we will open lower then this once the futures start trading again Sunday night.
ParticipantKev,
On Friday it just adds to the sell off if it keeps dropping after hours. However, looking at the futures and where it locked up if the futures didn’t move at all until we opened on Monday we would open about -100 on the DOW from the close today. My hunch however is that we will open lower then this once the futures start trading again Sunday night.
ParticipantKev,
On Friday it just adds to the sell off if it keeps dropping after hours. However, looking at the futures and where it locked up if the futures didn’t move at all until we opened on Monday we would open about -100 on the DOW from the close today. My hunch however is that we will open lower then this once the futures start trading again Sunday night.
ParticipantKev,
On Friday it just adds to the sell off if it keeps dropping after hours. However, looking at the futures and where it locked up if the futures didn’t move at all until we opened on Monday we would open about -100 on the DOW from the close today. My hunch however is that we will open lower then this once the futures start trading again Sunday night.
ParticipantKev,
On Friday it just adds to the sell off if it keeps dropping after hours. However, looking at the futures and where it locked up if the futures didn’t move at all until we opened on Monday we would open about -100 on the DOW from the close today. My hunch however is that we will open lower then this once the futures start trading again Sunday night.
Participantunder,
We are a debtor nation now. Our government can try to control the cost of borrowing money but the foreign governments that buy our treasuries are going to be the ones that will determine mortgage rates. After the “credit crisis” leaves the panic stage we will see at what cost they will lend money to us. The Government for a short time can try and keep the cost to borrow artificially low, but if they have to borrow it at every increasing rates they will have to eventually pass that along. We no longer control our destiny when it comes to capital and the cost of it.
Participantunder,
We are a debtor nation now. Our government can try to control the cost of borrowing money but the foreign governments that buy our treasuries are going to be the ones that will determine mortgage rates. After the “credit crisis” leaves the panic stage we will see at what cost they will lend money to us. The Government for a short time can try and keep the cost to borrow artificially low, but if they have to borrow it at every increasing rates they will have to eventually pass that along. We no longer control our destiny when it comes to capital and the cost of it.
Participantunder,
We are a debtor nation now. Our government can try to control the cost of borrowing money but the foreign governments that buy our treasuries are going to be the ones that will determine mortgage rates. After the “credit crisis” leaves the panic stage we will see at what cost they will lend money to us. The Government for a short time can try and keep the cost to borrow artificially low, but if they have to borrow it at every increasing rates they will have to eventually pass that along. We no longer control our destiny when it comes to capital and the cost of it.
Participantunder,
We are a debtor nation now. Our government can try to control the cost of borrowing money but the foreign governments that buy our treasuries are going to be the ones that will determine mortgage rates. After the “credit crisis” leaves the panic stage we will see at what cost they will lend money to us. The Government for a short time can try and keep the cost to borrow artificially low, but if they have to borrow it at every increasing rates they will have to eventually pass that along. We no longer control our destiny when it comes to capital and the cost of it.
Participantunder,
We are a debtor nation now. Our government can try to control the cost of borrowing money but the foreign governments that buy our treasuries are going to be the ones that will determine mortgage rates. After the “credit crisis” leaves the panic stage we will see at what cost they will lend money to us. The Government for a short time can try and keep the cost to borrow artificially low, but if they have to borrow it at every increasing rates they will have to eventually pass that along. We no longer control our destiny when it comes to capital and the cost of it.
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