People, people PLEASE....let's stop fighting among ourselves. Tensions are high, we have all lost alot of money. For some people it is only "paper" losses. For some of us it is real money gone forever. In both cases it makes us frustrated and we want to lash out. But, let's not direct these frustrations at each other. Everyone here can add value at some level for someone. Let's not piss each other off so we all stop posting and lose the benefit of someone elses perspective, usually a perspective that is different than our own.
No one here has caused another person to lose money. If you want to lash out at someone, target the fed. First, no one from the fed is on this board so no one will feel personally attacked. Second, it is their damn falt. It is their fault the bubble developed. It is there fault they popped the bubble with a sledghammer and then refused to admitt they made a mistake. And now they will have to cut another 50 BP's at the end of January because they are so far behind. This will, in turn, cause another liquidity bubble to develop and the whole damn thing will happen over again (although without the same order of maginitude). Their policy has become too extreme causing big spikes on both the upside and the downside and a less volatile environment cannot develop until their policies themselves become less volatile.
IT IS ALL THE FED'S FAULT!!!! GO AHEAD, BASH THEM, THEY DESERVE IT!!
But let's not direct our own frustrations at others on this board. Please, we will only become bigger losers if this happens. |
