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


To: William H Huebl who wrote (81610)10/9/2008 8:10:10 AM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
This Yr's hottest halloween costume:
news.yahoo.com

The great experiment continues. This week we see if you really can fight deflation by lowering interest rates.
I'm not optimistic about that working right away. If the prices are falling, smart people aren't buying, and since the banks
aren't loaning, the not-so-smart aren't buying either, So who's left to buy to support prices?

Next experiment on tap, direct ownership of large banking by the US Treasury.. -ng-

I hope folks realize that once da gub-ment takes over another pc. of the action, it's quite difficult to wrest
it back away from them. Particularly when it's something as lucrative as banking. Frankly, I don't see how that
could be within the constitutional powers granted to the USG.

It will no doubt be challenged. I should think that the private banks that have to compete
with the government owned entities will be crying FOUL right quick..



To: William H Huebl who wrote (81610)10/9/2008 1:16:42 PM
From: Terry Whitman  Read Replies (1) | Respond to of 94695
 
Here's the answer to the GM question, from Yahoo. Now visiting 1950:
biz.yahoo.com

BTW Bill- I noticed your Thread heading message was written at the end of Sept. 2007. (Those were some pretty good
predictions in there, I might add). It's getting passed by now, though. Time for an update?? -g-



To: William H Huebl who wrote (81610)10/9/2008 2:03:09 PM
From: Real Man  Read Replies (3) | Respond to of 94695
 
GM and F are becoming even better buys of lifetime today, down
10-15% Who would have thought American auto manufacturers would
trade this low and be almost bankrupt? All of them?