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To: The Ox who wrote (29699)3/28/2006 3:47:22 PM
From: The Ox  Read Replies (1) | Respond to of 95640
 
Let me add that if the FED was truly concerned about the dogma they spew, they would stop raising rates for one meeting only and see what happens to the economy during the following months leading up to the next meeting. If they see "weakness" in the 2nd half of 2006, why the hell would they continue to raise now? They could always apply 50 basis points at the next meeting...which I'm sure they won't need to do anyway. Just like in 2000, they will substantially overshoot their mark and cause an enormous amount of unnecessary pain.

Totally clueless, imo!



To: The Ox who wrote (29699)3/28/2006 3:53:20 PM
From: Return to Sender  Read Replies (4) | Respond to of 95640
 
It's the same game that is played out every four to five years. I have been harping about it for several years.

Hopefully everyone will have some money set aside for a real bottom in the stock market. The FED seems more than willing to force it upon us so we might as well profit from it.

Unless I'm wrong. Then continue to buy every dip and sell when your profits are acceptable but eventually the FED will make me right.

RtS