TD, welcome back!
<<1. Your thread is booming I see. Congrats.>>
Every dog has it's day. I guess it is my turn. -g- I would rather see my accounts boom at the same rate as the number of posts on this thread. -g- I normally don't regret many of my moves. But I regret for backing off my decision to follow your lead on AMAT from 60 to 100, pre-split. After all, I did call the company to check things out and didn't pull the trigger on the long side.
Reg. Feds, I think it is impossible for the feds to isolate the real economy and the "bubble" economy tied to the speculation in the market. If their policy addresses an evil (deflation) in the economy by cutting rates, they will feed a deamon in the stock market which will lead to a much more catostrophic fall at a later stage.
The reason for not rising the rates, of course, is obvious. The inflationary forces can be assumed to be in check due to current global business climate. I will fall short of calling it a gamble, a caliculated risk - may be. As AG said earlier this year, they expect the bond market to tell what to do next. It is too early to tell if the bonds are telling us that if there is a recession on the horizon. But, it sure is telling the Feds to stay put. IMHO. I think the Feds will keep watching the credit markets for future course of action - more now than ever.
-Mohan (typed at 11:10, See how long it takes to get posted by our system. -g-)
"In the views of the economists, the real world is often a special case." -Unknown! |
