I haven't committed yet to extend my long position.
Margin calls will be settled Wed 17th.,
looking for possibly more selling next week.
Redemptions followed by funds selling next?
This is serious stuff here Jake.
8 years of deny, confuse and neglect finally the rot
developed into an abscess. Like all abscesses,
the cure lies into a complete rupture and drainage of all pus.
Has the pus all drained out Jake?
PS: when Clinton loving Bubblevision, Pundits and Acolytes
this weekend tell you
" things are really not that bad "
e-mail them this and ask them to read it carefully:
The trouble with low inflation
economist.com
"The “investment boom and bust” model seems a far better way to understand the current cycle than the usual one based on rising inflation and higher interest rates. This has two important implications for policy.
First, if the American economy does now slide into recession, interest rates may be less effective than usual in reviving demand. Consumers may be too intent on saving more, and businesses on reducing their debts and excess capacity, to pay much attention to a reduction of half a point here or there in the Fed Funds rate. This, in turn, raises the possibility that the recession, if it starts, could be deeper or longer than its recent predecessors."
Naz 1800? Thank you President Clinton and VP Gore,
TA |
