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Strategies & Market Trends : 50% Gains Investing

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From: JakeStraw	9/27/2007 3:46:31 PM
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Fed's Rate Cut Hasn't Lifted Spirits Of Pros ibdeditorials.com "But among seasoned traders, I find a much gloomier mood. They warn that the Fed's actions will have only a limited effect on the imbalances in the financial markets. An analyst for TheStreet.com last week asked Satyajit Das, an expert on exotic credit derivatives, whether we were in the third inning of the credit crunch. Das laughed and responded that we're still in the middle of the national anthem."

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