It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Seriously if we see an 850 point drop in the next 2 days, the panic it would set off would be disastrous.
Originally posted by ProfEmeritus
Yes, that is true, but I believe what is happening now is a variation of the urban legend concerning placing a frog in cool water, and slowly heating it up. When the Dow was 14,164, if someone told you that in a little over a year, it would be roughly HALF of that, would you have believed it?
Okay - I will accept that this is a question that is really geared to the average person And no, the average person would not have believed it. Many traders KNEW it was coming, we just didn't know what would be the pin prick that broke the bubble. Now we do know - it was Bear Sterns
Originally posted by Nimrod
Everything is fine as long as the Yen doesn't rise or US dollar fells. Maybe the massive buy of Us dollars could find another explanation here.
Originally posted by antmax21
reply to post by redhatty
When or rather why would the BW agreement be nullified..?
How would this come about? I surely hope it is not inevitable?