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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (42615)	12/27/2012 8:52:38 AM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 221849

If they announce some sort of near term fix, then I think we could see a quick knee jerk pop rally that would eventually fizzle out before newer lows are hit... Frankly, we don't need a near term fix, we need a legitimate long term solution... GZ

To: Vendit™ who wrote (42615)	12/27/2012 11:30:08 AM
From: Fintas	Read Replies (1) \| Respond to of 221849

I'm a cause and effect type. And this situation is embarrassing. So I try to not think about it too much. The fact is this didn't just come up from no where but was KNOWN long ago. Those who are responsible did not act responsibly. It's just that simple. That detail is why I don't live in la la land. When bad decisions are made there are consequences. Those consequences can have a further reach than one person or one country. And when one looks at the micro view with objectivity then one understands how things would play out. EX. any who understand the middle east are not surprised with what is going on. Only those that buy into la la thought leaders could be removed and we all would sing koom baya. Realists understood otherwise. Yet we now live thru the bad decisions of others. Unfortunately many who were complicit with the bad decisions continue with the it's their fault, NO it's their fault. Uh HUH. NO it's cause and effect. You don't balance a budget as mandated and when mandated when you have control of the house and senate then what does one expect. DUH So it is and so it will be.