just thinking about the fed cut in the pipeworks. even if they do cut, who is really to say that this will give a fillip to the stock market? maybe short term yes (like friday's action) but longer term it's still downward surely with more subprime problems, hedge funds folding etc. and if they cut, and it does not work what then? - cut again?? panic ensues surely?
- #13,123
- Aug 22, 2007 5:33am Aug 22, 2007 5:33am
- Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
- #13,125
- Aug 22, 2007 5:34am Aug 22, 2007 5:34am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.
- #13,128
- Aug 22, 2007 5:39am Aug 22, 2007 5:39am
- Joined Dec 2006 | Status: call me Kevin | 1,263 Posts
- #13,129
- Aug 22, 2007 5:39am Aug 22, 2007 5:39am
- Joined Nov 2006 | Status: Dubai | 11,493 Posts
Trade what you see, not what you think.