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      01-23-2008, 04:07 AM   #50
Chunga
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Quote:
Originally Posted by BMWCali View Post
It's probably going to get worse before it gets better. What happened to the international markets?

International is down as well. But US hit bottom and i just got news that the USD will og down as well 2 - 3 weeks more. The help from FED will not last more then a couble of weeks. They have to do it again and this will end up in 3,25pct - not good for you boys.

Good for our export marked in Europe.
Big change is that many Chinese manufactors now demands to get their money in Euro instead of USD. Thay have been loosing money over short terms. From order to delevery the USD eats up their profit. (i had 3 calls this morning concerning this matter)
Dow Jones and Nasdaq went down. C20 ended up in +.
But you cant trust that - it will properly go down again. The emergency brake FED did will not last and will for sure have negative influence on other markets.
Average i lost 20USD on each share in US companies yesterday. So.... sell, sell, sell, sell....
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