Ladies, something big could be coming
(2009-01-25 08:11:28)
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Here\'s what we have base on some of the articles: China shying away from our T-bills, US calling China out for manipulating its currency, FRE in need of $35 bil more bail out money, and then the hype for a moon on financials next week...
Why would US calling out China for currency manipulation now? At a time like this... even people in GB and Japan are in shock for such a call... could it be that China is really moving away from buying our T-bills(let alone dumping them), and we in turn get nasty, starting to fight back by attacking China for its wrong doings... could it be the China has been also selling FRE investments too(China was the biggest foreign investor in FRE/FNM), causing FRE of needing additional $35 bil bailout money before its ER... someone did mention here on the Q board, that the preferred shares for some of the financials have been tanking... who could have done dumped to cause that?
Of course, the big boys on the Street knew the story, then they must set something up for themselves before the @#$% hits the fan...
I am all guessing here, and we should know something soon enough... let\'s wait and see...