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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Crimson Ghost who wrote (94687)6/3/2008 10:52:58 AM
From: Sunny Jim  Read Replies (2) | Respond to of 110194
 
<<But unless he backs his words with action this bounce will not last IMHO.>>

No real chance he'll back it with action. The primary qualification for being either FED Chairman or Treasury Secretary in this administration is to be able to state the commandment, "I believe in a strong US dollar policy" with a straight face. No actions are required, just make the statement over and over.



To: Crimson Ghost who wrote (94687)6/3/2008 7:17:29 PM
From: Keith Feral  Respond to of 110194
 
Nothing good today for stocks or commodities. Bonds were solid though. Big cash positions are the only thing working right now. I'm kind of shocked to see the market acting so poorly with such a massive decline in oil prices.


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