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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers
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To: koan who wrote (12858)6/7/2006 11:43:51 PM
From: SwampDogg  Read Replies (1) of 78419
 
Fed trying to be too smart and they end up looking like asses.
Now they are screwed
If they back off they look weak but the markets may not make it until the next meeting intact. Amazing that they would be so arrogant with so many hedge funds on the ropes.
If $SPX 1240 is breached the Aug '04 lows will come very quckly. If that 1240 can hold then the markets should do very well. Very inportant time.
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