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goofer

Beach Fanatic
Feb 21, 2005
1,165
191
An "insurance policy" to ward off a recession induced by the housing malaise and the on again off again credit crunch.
 

scooterbug44

SoWal Expert
May 8, 2007
16,732
3,330
Sowal
.25% will save us?

How does making the dollar even weaker prevent a recession? :dunno:

I miss the days when Europe was cheap and the pound was only $1.65!
 

goofer

Beach Fanatic
Feb 21, 2005
1,165
191
That brings the cuts so far to .75%. With maybe more to come. This is an extremely complex topic to discuss in a few sentences on a message board. Who knows if they will be successful.....we are in extremely deep doo doo for a whole host of reasons.
 

Bob

SoWal Insider
Nov 16, 2004
10,364
1,391
O'Wal
The Fed is going to bow to Wall Street until equities collapse, then they'll raise by pointing to inflation. Bernanke is trying to prevent panic, but he's boxed by housing, war driven debt, and dollar/OPEC pricing. I'm buying MREs, and AK ammunition, right Shellster?
 

SHELLY

SoWal Insider
Jun 13, 2005
5,770
802
I'm buying MREs, and AK ammunition, right Shellster?


.....and tin foil hats--don't forget the tin foil hats!!

foilhat.jpg



.
 

Pirate

Beach Fanatic
Jan 2, 2006
331
29
sold some of my dogs today.......I am surprised that the mkt actually rallied 140 pts. Probably because of the end of the mutual fund fiscal year. I will ride a few more days to see how the mkt behaves before hedging fully.

Are you putting all the money in SH?
 

goofer

Beach Fanatic
Feb 21, 2005
1,165
191
I have never traded SH. When I hedge I usually sell SPY's short. I will check out the SH though to see if that makes more sense. I am a creature of habit but I am not afraid to experiment with new stuff. I always second guess myself when I do put spreads so I go the easy route selling SPY's short.
 
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