posted on Dec, 2 2010 @ 08:54 PM
I wonder if this money that's going over seas to other countries is being re funneled into stocks and currency trading.
For example, using E-Toro trading platform I used to invest on the rise of the Euro vs the Dollar. I could make a lot of money by putting my money on
the correct rise/decrease on currencies.
So again I wonder, is this money going overseas to help boost other currencies? other markets?
The stock market has been bullish the last two days...
Hang Seng Index has jumped from 22790 on Dec 1 to 23605 today.
Dow Jones Industrial Average has jumped from 10930 on Nov 29 to 11371 today.
A smalled jump but also obvious is S&P 500 jumping from 1174 on Nov 29 to 1221 Today
FTSE 100 jumped from 5523 on Dec 1 to 5767 today
NASDAQ Composite as well, small scale, but 2493 on Dec 1 to 2581 today
DAX jumped from 6662 on Dec 1 to 6957 today
BlackRock Inc. jumped 10 points since Dec 1, 162 to 172. (www2.blackrock.com...
to learn more about
I guess my point is, the last 3 or 4 if not 5 weeks, there have been major spikes and major dips in the market. It's almost strategical.
If the fed pumps trillions into other banks, the directors of that money will essentially have trillions of dollars to direct into the stock market
whenever and wherever they see fit.