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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: riverbank who wrote (89037)	8/19/2007 11:19:24 PM
From: Proud Deplorable	Respond to of 313296

Ah, year end is a long way away and I'm not suggesting selling here as the damage is done I think but I don't think the Fed will lower rates unless there is a major disaster. They didn't lower interest rates!!!! They lowered the discount rate. They are not on your side, they are rescuing their friends at the banks. They are intent on inflicting pain on us average citizens, why would they do otherwise? You think they want this game (bubbles) to go on and on? No, Americans are in for many many years of continued pain imo. If they don't swallow the bitter pill now, then 2 years down the road the US will REALLY have runaway inflation and they still may get it anyway. I may add positions as the picture becomes clearer after mid Sept. DO NOT TRUST THE FED. WHY WOULD YOU?