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

To: Broken_Clock who wrote (78910)5/8/2008 8:55:50 PM
From: SouthFloridaGuy  Read Replies (3) | Respond to of 116555
 
Since when did the Fed become a regulator? Do you know what the Fed actually does?



To: Broken_Clock who wrote (78910)5/8/2008 10:43:51 PM
From: koan  Respond to of 116555
 
The fed stopped the 1987 massacre right in its tracks by providing massive liquidity the next day. 1987 was a tour de force like Bear Stearns.

Waves and waves of very very heavy worldwide selling. I watched the whole thing with total amazement.

To this day, I have never seen anyting like it.


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