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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (1023)	2/20/2004 5:45:14 PM
From: NOW	Read Replies (1) \| Respond to of 60918

exactly. didnt the Fed ever watch " Being there"?

To: patron_anejo_por_favor who wrote (1023)	2/20/2004 6:11:54 PM
From: Andrew	Read Replies (2) \| Respond to of 60918

Its just like hitting the reset button every once in a while. Everything needs to be reset even the economy. We didn't get it this time so now it will be a long drawn out suffering for a decade or more. The credit bubble will blow up. Its gone parabolic like everything else. Refies can only work for so long, there is only so much equity in peoples homes. Home equity levels as a % are the lowest ever. Precious metals may benefit longterm but maybe not the equities. Oh well we must focus on the present. My TA tells me the next move up will be a breakout to new highs. This is just a pause, sort of hitting the reset button on the Gold shares. USD was likely short covering.