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Strategies & Market Trends : Rande Is . . . HOME
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To: joseffy who wrote (57516)1/7/2009 9:17:18 PM
From: Rande Is  Read Replies (2) of 57584
 
Thanks for posts, Joe. The economy is that bus in the movies that is perched where half of it is hanging over the cliff or bridge and the other half is still on the road. It is totally conceivable that either scenario is still possible. We could suddenly break free and fall to a point of severe pain, or we could be rescued by the appropriate amount of assistance. And just like the movies, there are unforeseen challenges. . . like a second wave of housing defaults, or a major financial/political move by China, etc. The politicians, major financial players and other greedmongers are the passengers. . . most running to the back of the bus to keep it stable. . . but some are fine with daring to push to the front in hopes of keeping it teetering it over the edge. We all want to believe that everything is under control, but this is still a precarious situation. Economies are fragile entities and too much fear on any given day and frightened customers can start a damaging bank run. . . (like the run on gas in Nashville that emptied filling station tanks overnight and ran the price up to about $4 per gallon for nearly a month.) Hopefully, when the fix is in, it will consist of light handed and prudent actions. . . and succeed at getting this thing back on track.

Rande Is
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