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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (6340)9/11/2007 9:46:51 AM
From: bearjones  Read Replies (2) | Respond to of 50052
 
and another week goes by as you string along your sheep LOL



To: SliderOnTheBlack who wrote (6340)9/11/2007 12:56:21 PM
From: Mrs. OMalley  Read Replies (1) | Respond to of 50052
 
"... it has absolutely NOTHING to do with
subprime, the housing bust, or derivatives."

Now, that stumps me because I would have thought it was "all" about subprime, the housing bust and derivatives; and that the "lie" was about how bad it is (or will become).

Are you saying where the market goes is "not" related to this financial mess?

If so, I don't see how that's possible? This riddle has me stumped. Intriguing riddle. Now, I have to know.

The second thing I have to know, is should I still be "holding tight" to my BHP and gold into the Fed meeting? Is this going to be a "sell the news" event? And what if they don't cut? I'd appreciate your thoughts.

Mattie



To: SliderOnTheBlack who wrote (6340)9/11/2007 4:06:36 PM
From: Fun-da-Mental#1  Respond to of 50052
 
I suppose the big lie is that the Fed will always save the day, that it won't allow a recession to happen, or a bear market, or mortgage lending to stop, or the US dollar to collapse, or any such bad thing. Like Jim says, it's about confidence.

That's why I expect the market to continue up until rate cut time next week, but then disillusionment will set in quickly, as it becomes clear the Fed can't solve everything.

Fun-da-Mental