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

To: Canuck Dave who wrote (103913)	1/22/2008 11:12:10 PM
From: rubbersoul	Read Replies (2) \| Respond to of 312879

Yes, and the Nikkei is wilting now.

To: Canuck Dave who wrote (103913)	1/22/2008 11:51:04 PM
From: E. Charters	Respond to of 312879

down? It is up 206 pts. hmmmmmm....

To: Canuck Dave who wrote (103913)	1/23/2008 7:10:52 AM
From: ogi	Respond to of 312879

Yes, looking like a Whacking Day on its Way, no surprise.

To: Canuck Dave who wrote (103913)	1/23/2008 8:57:55 AM
From: 4C	Read Replies (3) \| Respond to of 312879

CNBC just mentioned fed fund futures are pricing 80% odds for another 50 basis points next Tuesday. This is getting really out of control. Fed acted out of panic yesterday, when they should have waited for the washout in equities to take its coarse. Now the Fed looks incapable of stopping this mess, as the markets head south with force. Now what? Another 50 basis points next Tuesday? I think that would add fuel to the ongoing fire, and spread panic throughout markets. Think I'll just hold on to my cash, sit back and watch the unfolding horror show. All IMHO, SF