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

To: Real Man who wrote (81560)10/8/2008 12:33:17 PM
From: Cynic 2005  Respond to of 94695
 
Forget LIBOR for now...

Just heard on CNBC - Rick Santelli sad that Treasury yields, especially on the longer maturities, are better than what the banks could possibly get by lending to commercial paper or to Joe Six pack. This is AFTER the rate cut.

They achieved nothing with this rate cut. Sentiment has worsened.

Paulson to speak at 3 PM.



To: Real Man who wrote (81560)10/8/2008 12:56:06 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
Just wait and see, we'll be higher than where we are now by year end...<g>

GZ



To: Real Man who wrote (81560)10/8/2008 1:09:07 PM
From: Cynic 2005  Respond to of 94695
 
Paulson to speak at 3 PM. Rally time (in anticipation of another handout)!


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