OH Crap. AUDUSD falls below 0.75 for the first time in 2 years. Stock market took a tumble. All ordinaries lost around -3.3% today. What’s going on? On the paper, the reason, as expected, “people are expecting a 50bp rate cut tomorrow”. Well, probably. Anyway, it is indeed a bad day. Here are some random […]
Archives for October 2008
Today’s Coffee thoughts
Again, I am sipping my daily morning Long Black..and I am going to share some thoughts here. NO..not about the bail out things. I don’t care. Market will go wherever it wanna go, do you really think the bail out package will turn the shitty market condition around? uhm…whatever… Ok, my fiancee and I take […]
