My opinion. I love charts and fundamentals but sometimes a good conspiracy theory can go long way.
1. Obama wants fear in the market to win upcoming elections through fear of change
2. Bernanke wants fear in the market to justify QE2 to the people = politicians
3. Both of them seem to want fear in the currency market to drive the dollar down to increase exports and earnings for US companies that operate overseas
4. There's probably an investment bank in trouble that could be wiped out by one with a market short, that wouldn't be saved in the current 'too big to fail' backlash
Hmmm, what to do....
Oh, thats right, it's almost October, everyones on edge (as evidenced by the deafening silence on the forum) and if the market gets some 'REAL' information on how bad things are then maybe they might all get what they want!
Im 100% short the XJO for the record with money Im prepared to loose to whoever is brave enough to step up and take it.
Cheers.
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perfect conspiracy set up
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