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


To: tejek who wrote (374679)3/21/2008 2:33:30 AM
From: bentway  Read Replies (1) | Respond to of 1583876
 
"Nope. But I think we are starting to put in a bottom in the markets."

You're just parroting Cramer's call from last week. He's wrong. When we hit the bottom, it won't be after the Fed's extrodinary juicing of the markets and financial system of last week. They just bought a little time, then Paulson flew off to beg from the sovereign wealth funds, since the Fed's blown half their reserves.

Those boys are sweatin' bullets.

This ain't the bottom. It might be the end of the first inning. You don't fix 10 years of "Easy Al's" consecutive bubbles and eight years of Bush's non-regulation in a few months.