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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (80051)4/22/2008 11:55:01 AM
From: Real Man  Respond to of 94695
 
The Fed made the buck free to borrow and sell. Mr. Market
said "thanks", I need liquidity. -g- 68 seems to be an
important technical stop. Fundamentally, though, there is
no bottom in sight. The Fed "can" stop the slide by raising
rates drastically, but they are unwilling to do so, waiting
for others to save them (by following with the cuts). Others
are not willing to do so because of raging inflation.