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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?


To: SliderOnTheBlack who wrote (11959)9/24/2008 12:02:40 PM
From: maxncompany1 Recommendation  Read Replies (1) | Respond to of 50518
 
Buffet is smarter than the average bear (or bull too).



To: SliderOnTheBlack who wrote (11959)9/24/2008 1:35:59 PM
From: Fiscally Conservative  Respond to of 50518
 
Exactly and even with the Buffet News the market held its breath and traded lower.



To: SliderOnTheBlack who wrote (11959)9/24/2008 4:14:27 PM
From: 200ma  Respond to of 50518
 
back to all cash, bearing down for potential crash
bring back the volatility



To: SliderOnTheBlack who wrote (11959)9/24/2008 10:18:16 PM
From: bluezuu  Respond to of 50518
 
Slider, sorry if this has been asked before, when you do not have a trade, where do you park your cash?



To: SliderOnTheBlack who wrote (11959)9/25/2008 12:45:09 AM
From: rubbersoul  Read Replies (1) | Respond to of 50518
 
Slider,

What do you make of this?

However, the Fed surprised the currency and gold markets on Sept 24th, by draining $25 billion out of the US banking system, through reverse repos, capping the gold market at $900 /oz, and knocking the Euro lower. What other tricks does the Fed and the “Plunge Protection Team” have up their sleeves, to keep dollar bears and gold bugs off-balance? What contrarian scenario could support the US-dollar in the weeks ahead?

financialsense.com

Could the Fed have their cake and eat it too? Could they get the bailout plan approved and simultaneously take the wind out of gold's sails by strengthening the dollar?

Best,
RS