jonnywg: HI ALL. WELL THE GOOD NEWS THERE IS A LOT OF INFORMATION MAKING THE ROUNDS OUT THERE TODAY - A LITTLE BIT OF EVERY THING. ALL OF US POST THE INFO AS WE GET IT. SO HERE IS MINE. WE ARE BACK ON TRACK. EXPECTING LOTS TODAY AND HOPE YOU DO TOO. BANK RATES ARE ACTIVATING AND RUMOUR HAS IT A FEW COUNTRiES HAVE RV'D (NOT VERIFIED YET).... HOPE TO BE BACK AT 11:15 WITH MORE NEWS
Bulldog75: UPDATED 11:45AM EST: THERE ARE SOURCES REPORTING THAT IMF IS RE-CALIBERATING THEIR SOFTWARE FOR ANTICIPATED RATE CHANGES; AND SOME COUNTRIES ARE LATE WITH REQUIRED PAPERWORK. THUS THE HOLD EXISTS. US, CHINA, IRAQ 'OFF PAPER SIDE DEALS' NOW TRANSPIRING PRIOR TO RELEASE. DEBTS ARE MAJOR ISSUES WHICH ARE TRYING TO BE RECONCILED ALSO, PRIOR TO RELEASE. (THIS IS A LATE BREAKING STORY ADDENDUM JUST ADDED TO EARLY MORNING POST IN OOM FORUM).
BWM: still positive on things today... lot's going on this early to get me up... BWM: sooner we're still watching... don't get caught up in the it can only happen on a tuesday thru thursday storyline.. this is an anytime thing now regardless of day, hour, minute BWM: our buying dinar has nothing to do with stimulating the iraqi ecomony IMO... why? because they know the amount that is out and their whole purpose was to pull in the bills to have as many of the 3 zero's in reserve... therefore us buying dinars (which is actually the dealers buying dinar doesn't matter BWM: the idea that us buying dinar to stimulate their economy just seems off in my book... again, it's the dealers buying from cbi... since when do banks "stimulate" the economy... like buying dinar is a natural resource... I think not...
Renster: I don't mean to contribute to the "rumor" mill, but I just got off the phone with a friend that has a contact in the **** BofA IT dept. His IT contact told us that they were alerted to the following "be on alert later today for a memo regarding the live rate" and the rate was over $4. Generally this contact has been in concert with what JonnyWG has been posting. This leads our invested group in **** to believe that we will see this RV today sometime because management is being alerted to live rate Just rumor but solid source
Renster: This IT guy has told us that Bof A banks in **** have been receiveing unusually large dollar infusions since columbus day and have been on "high alert" since that time. Some mangers and IT people have had to put in longer hours and weekends. and no vacations approved till after Christmas