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There is a presidential election in 14 months. The GOP has little
hat rack left to hang hats on and if the equities market has a severe
decline, the whole rack will be gone. The DEMS don't want this to
happen right after they took over congress or they may be blamed for
it so it's not surprising that the Fed will be pressured to act in
such a way so as to put off any economic debacle. Most professionals
I talk to feel that hedge funds and sub-prime lenders got themselves
into this mess due to greed and they can damn well stew in the mess
they created which is exactly how I feel but the reality is that a
facade will be built to hide the mess and it will keep oozing out
around that facade and reminding us that it still exists and has not
been cured but only temporarily hidden from view.
Bob
At 12:55 PM 9/12/2007, you wrote:
>I agree. Looks like bear markets and precipitous declines
>have been made illegal by the Fed.
>I mean we just can't have the market going DOWN now can
>we? I mean; lets just bail out
>everybody, hedge funds, investment advisors and anyone
>else with a long agenda to just maintain
>the status quo. Market down big on Friday's and investors
>might panic on Monday? Well; the
>Fed will just step in with the Pluge Protection Team; so
>thing don't get out of hand. Let's
>do whatever is necessary to keep the masses from panicing.
> Congenital bulls? I can just hear them screaming:
> PLEASE MR. BEN, WE NEED A RATE CUT! It looks like they
>will do anything, and then some,
>to justify 'control'.
>
>Chas
>-----
>
>
>On Wed, 12 Sep 2007 11:58:19 -0400
> "Mark Simms" <marksimms@xxxxxxxxxxx> wrote:
> > re: "I have no idea what it would take for those days to
> >replicate
> > themselves"
> >
> > uh.....The Fed doesn't not cut the Fed Funds rate ?
> >
> >
> > _____
> >
> >From: realtraders@xxxxxxxxxxxxxxx
> >[mailto:realtraders@xxxxxxxxxxxxxxx] On
> > Behalf Of Ira
> > Sent: Wednesday, September 12, 2007 11:15 AM
> > To: Undisclosed-Recipient:;
> > Subject: [RT] The Markets
> >
> >
> >
> >
> >
> >First let me say that I am not a gloom and doomer. I do
> >see a lot of bad
> > things going on in the markets right now. When I say
> >bad I mean negative.
> > I received a post yesterday that showed an overlay of
> >the 1987 market and
> > today's. It is amazing the similarity in the charts.
> > It was almost uncanny
> > how alike they are just prior to that awesome day. I
> >remember that day well
> > because I saw market makers lose millions of dollars in
> >a couple of hours
> > and there was nothing they could have done to stop the
> >bleeding once it
> > started. Things just went from bad to worse.
> >
> > If you are an avid bull I would keep my stops very tight
> >and use protection
> > during the next couple of months. I have no idea what
> >it would take for
> > those days to replicate themselves, but forewarned
> >should be forearmed. I
> > wish you all good trading;
> >
> >
> > Ira
> > www.thetradersguide <http://www.thetradersguide.net>
> >.net
> >
> >
> >
> >
> >
>
>
>
>
>Yahoo! Groups Links
>
>
>
>
>
>
>--
>No virus found in this incoming message.
>Checked by AVG Free Edition.
>Version: 7.5.485 / Virus Database: 269.13.13/998 - Release Date:
>9/10/2007 8:48 AM
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