Don't you mean to see what's down?
Black Tuesday ?
- Thread starter Capricious
- Start date
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Don't you mean to see what's down?
Capricious,
www.billcara.com
This is a blog I read every day, and IMHO the information you find here may help your "guessing" and speed your retirement!
Forbes 'Favorite' 2006, 2007, 2008
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Quoted: Wall St Journal, Barron's, Financial Times, Capital, Investment Exec, Money Sense and others.
www.billcara.com
This is a blog I read every day, and IMHO the information you find here may help your "guessing" and speed your retirement!
Forbes 'Favorite' 2006, 2007, 2008
'Best of the Web' 2004, 2005
Seeking Alpha Certified
BESPy Award Winner 2007
Quoted: Wall St Journal, Barron's, Financial Times, Capital, Investment Exec, Money Sense and others.
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"...but the Fed will go and screw things up by dropping the discount
rate, and dramatically. ..."
They just did it.
Dramatically
http://tinyurl.com/2fs66q
Edited to add:
Doesn't seem to be having the desired effect:
http://tinyurl.com/25ouac
``People may see it as an extreme step and feel that it's a sign the situation is worse than they had anticipated,'' said John Carey, who helps oversee about $13 billion at Pioneer Investment Management in Boston. ``This will definitely wake people up who were thinking the economy was just fine.''
rate, and dramatically. ..."
They just did it.
Dramatically
http://tinyurl.com/2fs66q
Edited to add:
Doesn't seem to be having the desired effect:
http://tinyurl.com/25ouac
``People may see it as an extreme step and feel that it's a sign the situation is worse than they had anticipated,'' said John Carey, who helps oversee about $13 billion at Pioneer Investment Management in Boston. ``This will definitely wake people up who were thinking the economy was just fine.''
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It went down 450, but seems to be coming back up a little - closer to 400 now. 
I am sure the media frenzy has NOTHING to do with the drop - MSNBC has a giant red banner across the screen.:roll:
I am sure the media frenzy has NOTHING to do with the drop - MSNBC has a giant red banner across the screen.:roll:
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Well, looks like just another ordinary down day thanks to
Ben and the boys (with the predictable exception of William Poole)
The calvary arrives just in time.
Of course, in the interest of a quick fix to a
short term problem, they just might be creating
a very big long-term problem:
http://tinyurl.com/yrlv9q
(written before this morning's announcement)
No bottom today, but no reason to expect that the
worst has passed. Back to the MLS websites.
UBS & BOA have issued buy recomendations on stocks.
Considering the recent write-downs on their own "investments,"
is anyone going to listen?
Ben and the boys (with the predictable exception of William Poole)
The calvary arrives just in time.
Of course, in the interest of a quick fix to a
short term problem, they just might be creating
a very big long-term problem:
http://tinyurl.com/yrlv9q
(written before this morning's announcement)
No bottom today, but no reason to expect that the
worst has passed. Back to the MLS websites.
UBS & BOA have issued buy recomendations on stocks.
Considering the recent write-downs on their own "investments,"
is anyone going to listen?
I missed my buy in opportunity this morning.
Did I actually see that JOE increased in price a bit today?
How about the taste of crow in the afternoon?
....
....
Things probably will get rough for some folks...am I just reading you wrong that you seem to be relishing that?