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Pastimes : James Cramer Skeptic Thread -- Ignore unavailable to you. Want to Upgrade?


To: taxikid who wrote (815)10/16/1998 12:06:00 PM
From: Michael Elizabeth Chastain  Read Replies (1) | Respond to of 1254
 
Hey, that's a pretty good explanation of "preservation of capital". I've been there. It sucks to lose back a year of winnings on one bad investment. Argh.

I've been thinking about this fed easing and I have to admit I'm in the semi-paranoid "someone got a favor" camp -- that the Fed was driven by a desire to help Wall Street, not the economy.