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To: SouthFloridaGuy who wrote (1499)11/1/2007 6:54:09 AM
From: MoneyPennyRespond to of 1718
 
Charles has posted on the FAX board at Yahoo and now Investor Village for years. I have learned more on investing and markets there than SI.

He often tries out his articles there and gets some pretty erudite critiques.

On the FAX board bragging is not tolerated and idiots and fools quickly move on, not like here on SI, where we suffer and even cherish our idiots <G>.

investorvillage.com

Occasionally FAX, the aussie and pacific bond CEF is discussed, but not very often.

MoneyPenny



To: SouthFloridaGuy who wrote (1499)11/1/2007 7:53:44 PM
From: SouthFloridaGuyRespond to of 1718
 
So the Fed basically has cut a few times, cheapening the price of money. Now the "risks" are balanced between inflation and growth. Oil rallied as did other commodities.

My question is, "was it worth it?".

The answer is YES if it guarantees solvency of key banks, but please do not fool yourself if you think it will avert recession.


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