[bgill]

For the layman, what’s FX, Hotspot, and Currenex?

[saganite]

I’ve seen speculation that there will be a market capitulation today but that’s rumor. Sorry, can’t help.

[randita]

Denninger posted this yesterday:

http://market-ticker.org/archives/801-RED-ALERT-FX-Dislocation-In-Process.html

[andy58-in-nh]

Haven’t seen anything in Forex yet but expect domestic bank stocks to get pummeled today.

[Hacklehead]

Getting ugly early.

[org.whodat]

Poor little thing, Try this:http://personalizedpacifiers.com/

[Porterville]

The best way to beat the dems at their own game is to burn the whole thing down.

What can they tax if no body owns anything?

[YOUGOTIT]

The currency markets may be influenced by two or three countries that are going to loan the US dollars. (about 1 or 3 trillion) as I understand that the non tax paying Secretary of the Treasury has told them that we will pay large interest for their funds. (China, Saudi and one other). The eastern Europe banks may have gone out as several in the eastern EU have also. Our Federal Reserve has loaned the banks in the EU and other places between $400 billion and $1 Trillion. These loans were to be payed back in March, However I read this week that they could not and the Federal Reserve moved the payback period to October 2009. This will have a great influence on the FX market as the nations that will loan the money may be out gathering up dollars.

My thoughts only.

[bgill]

Yes, I googled it. Sounds like no one trusts anyone now.

[Orange1998]

Interesting rumor, Mark to Market.

http://www1.investorvillage.com/smbd.asp?mb=4148&mn=111771&pt=msg&mid=6716912

[antivenom]

Many FOREX firms are PONZI schemes...be careful...