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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (9070)	3/16/2008 11:27:37 PM
From: Augustus Gloop	Respond to of 33421

(ST) being the key part of that post I think its time to call our banks and negotiate a new interest rate on our homes. "Mr. Banker....I'll give you .5% APR or you can take my home" LOL

To: Stoctrash who wrote (9070)	3/16/2008 11:32:31 PM
From: ahhaha	Read Replies (2) \| Respond to of 33421

Look for the Dollar to bottom (st) in the next few days, maybe tomorrow. Maybe so, but as long as FED continues to avoid the inevitable, dollar will be headed straight down. FED must either keep ff rate at 3% or, raise it to 4% immediately. As hard as it is to believe doing so will have no consequence to illiquid loans or the economy, but it will break the MECHANISM. Pursuing the current course FED is following its Oct 1931 error in the opposite direction when they raised the discount rate during deflation. We have inflation, so they must raise the rate that emulates the functioning of the then discount rate, the ff rate, in order to break the MECHANISM.