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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (361593)12/5/2007 11:34:43 PM
From: tejek  Read Replies (1) | Respond to of 1579446
 
Probably. I'm just bouncing between GLD and FXY these days.

Its interesting that GLD is not still moving up but rather consolidating its recent gains. It seem to reflect the uncertainty about which direction the economy will be moving in the future......up or down.



To: bentway who wrote (361593)12/6/2007 5:48:25 PM
From: Tenchusatsu  Respond to of 1579446
 
Chris, I see that the markets are welcoming Bush's loan bailout plan. And like Ted mentioned, the Fed could lower rates even more.

I don't think it could be any clearer. The Fed has the power to prop up the market big time, or at least long enough to help the incumbents (ironically enough, given that Congress is now Democrat).

Tenchusatsu


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