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ProShares UltraShort MSCI Emerging Mkts Message Board

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  • yourdeadmeat69 yourdeadmeat69 Oct 7, 2008 4:37 PM Flag

    Rate cut is coming

    They can cut to zero if the banks wont lend it doesn't matter. Been saying that for months.

    Fed has to be the bank, and they're starting with 1.3T too little too late.

    Dow 6500. SandP tests 777. Pacific Rim at 10% the peak across the board.

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    • I think you guys are too pessimistic about the world economy.

      There are problems with financial system around the world but I think the governments of major countries can work together to get these probelms resolved soon.

      A reccession like 1929 will not happen. At that time, US is a single country trying to resolve its problem; but now almost all the governments around the world can work together to get these problems done. For example, China has huge amount of dollars and they will inject the money into US financial system.

      I don't think the sky will collapse. The run will rise as usual tomorrow.

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