John,,,<We are in the hands of the dipsters and the fed.>,,,and all the King's Horses ,,and all the King's men....The market rallied today on the excuse that the big money centre banks are considering rolling over their SK loans...To my way of thinking ,,this should be seen as frightening to the market , and bank stocks in particular,,,now the money centre banks are doing the same thing they're chastising the ASEAN countries for. I took a beating shorting our banks today,,,our dollar fell again,,,they raised mortgage rates again,,,a record outflow in MF money last week,,,moody's reviewing all kinds of SK paper with negative implications today,,,,all the bankers getting together...F/A sucks...<ggg>
russell |
