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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (78528)4/30/2008 3:06:39 PM
From: Bill on the Hill  Respond to of 116555
 
early sign is that the market does not like it.

goin' down! i don't like it either. they should raise rates

Bill on a Discounted Hill



To: westpacific who wrote (78528)4/30/2008 3:40:25 PM
From: westpacific  Respond to of 116555
 
Doug Kass is full blown short and full blown bearish now on this cut, so am I!

Cut is the rally killer, no cut we could have seen another 1000 points, game over.

West



To: westpacific who wrote (78528)4/30/2008 3:48:38 PM
From: $Mogul  Read Replies (3) | Respond to of 116555
 
Truth is the economy is in a lot worse shape then most want to admit and the .25 cut was a clear indication of that. Banks still desperatly need liquidity, and they are keeping the spread to themselves that they once passed on to customers. That is how bad it really is. Actions always speak louder then words, and the Fed and economy cannot afford to not cut.

Message 24529897