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Politics : RAMTRONIAN's Cache Inn

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To: Peace who wrote (10850)8/31/2005 10:50:57 AM
From: NightOwl  Read Replies (1) of 14464
 
"...Lost it?"

Aux contraire mon Peace! <g>

That's what would have happened if I tried to hold this market long through October. <ack><ack>

I'm can see a half hearted attempted rally in the next week or 10 days. But barring a miracle your economy is about to belch... loudly... and without any couth whatsoever.

There's no way on earth your heat, groceries, meds and threads aren't going to cost a good deal more. You might be able to import cheap shoes through Walmart but your cornflakes are going to cost a lot more. ...Assuming you can get them.

So while your $70/bl oil might convince the Fed to pause it's rate increases, you certainly won't get them to stop. And if the Treasury prints as much money as "Ms" Katrina has demanded, you can bet your peaceful pennies that whoever is running the Fed will soon be making up for any "lost" rate increasing time. <g>

Oh Joy! I do believe that means I'm gonna get reamed if I spend and reamed if I go long equities. <Hoo><Haa>

Well, I guess I can't complain too much... As long as I don't get stuffed and mounted like a Gulf Gator. <vbg>

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