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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: wonk who wrote (31195)	3/17/2008 4:14:38 PM
From: carranza2	Read Replies (3) \| Respond to of 218085

No doubt a lot of talk last night. I thought it curious that gold went up significantly overnight but has since then stayed steady at the 1005-1007 level. I was actually concerned that it might drop precipitously, but I no longer think so. The increased liquidity guarantees a rise in the price of gold. There is no reason for a drop unless deflation rears its ugly head, which seems unlikely. If there is one thing BB can do is fight deflation. The cure might kill you, however. Very interesting times.

To: wonk who wrote (31195)	3/17/2008 4:18:36 PM
From: ggamer	Read Replies (2) \| Respond to of 218085

<I'm quite sure the were many a conference call late yesterday evening and early this morning stating in no uncertain terms that today's trading would be orderly. My guess is that the market will be significantly down by the end of the week, consistent with the fundamentals, but it will be orderly.> So you get the sense that the Fed, Paulson, bernanke, etc, are basically running wall street these days. Financial corporations share their losses and issues with the Fed, and the Fed then decides what to do with the data and when the companies are allowed to let wall street know about their losses. I believe in this orderly comment quite a bit. It seems to me that every week, a couple of companies are allowed to talk about liquidity issues, losses, and write-offs. Also now that the government is backing up all the major banks, is there any way to find out how each bank is doing. I guess we can no longer find out about the health of the banks/investment banks. Here is to our Free and Open Economy!