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Direxion Daily Emrg Mkts Bear 3X ETF Message Board

  • cmegladon cmegladon Jun 9, 2010 10:53 AM Flag

    Ben Bernanke said the U.S. Economy

    is strong enough for the "fiscal tightening" that is ahead.
    So, he is now expanding the interest rate hike language.
    And on top of it, "Bessie" is already dropping and close to negative territory.
    Libor, although not near the 5% level is already rising to "danger" levels.
    So if you're a small business, try getting a loan today! Not happening.
    I know, these are merely fundamentals and do not affect near term trading. But out a few months......there's trouble looming and Bessie, Libor and friends are technically sending signals.

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