Chris,
The action in the Dow was an answer to that fool Bernacke who runs the FED.
The talk about no more interest rate cuts.
How staged managed was the 3.9% GDP release a couple of hours before bernacke spoke as if anyone believe those numbers. (they will be revised downwards next month IMHO).
Everyone and his mother knows the U.S is close to going into recession and that Bernacke who has lived his whole live on campus is like a deer got in the head lights.
He shot his mouth off yesterday and will look like a fool when he panics later on and starts lowering rates faster.
IMHO, I don't think anyone would care if he got fired unlike other FED Chairman.
The markets today were telling Bernacke,
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Last
$3.03 |
Change
0.020(0.66%) |
Mkt cap ! $622.3M |
Open | High | Low | Value | Volume |
$2.95 | $3.03 | $2.85 | $2.653M | 898.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | $3.00 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.03 | 7620 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 3.000 |
2 | 5433 | 2.910 |
1 | 200 | 2.900 |
2 | 6300 | 2.890 |
3 | 29900 | 2.880 |
Price($) | Vol. | No. |
---|---|---|
3.030 | 7620 | 3 |
3.050 | 3140 | 3 |
3.070 | 3996 | 1 |
3.100 | 6850 | 3 |
3.110 | 1250 | 1 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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