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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (67181)	8/5/2007 10:35:23 AM
From: TH	Read Replies (1) \| Respond to of 116555

I fail to understand how Cramer's rant is evidence of anything except that he does not have a batphone direct to the PPT. I have read some interesting comments on the chimps actions. If we can assume that the chimp was speaking collectively for the street, then Ben can't cut now. To cut now would be confirmation that the street is the dog and the Fed the tail. As for the PPT, I have never thought there was a command center somewhere with Hank barking trades for the day. I've always <imagined> the PPT as more active in providing a directional undercurrent to the big banks. Whispers over doughnuts and coffee like, <S&P should hold X to keep the guys over the pond in the game>. Maybe in a crisis <a REAL crisis> they get together and make an actual decision with tangible actions. GT TH