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@xxxxxxxxnet>
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@yahoogroups.com
>[mailto:realtraders@yahoogroups.com]
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
>
>
>
>
>