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To: expat_panama

The Federal Reserve is in destruction mode. It's best to stay outside while the bull is in the china shop.


5 posted on 05/19/2006 7:31:01 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
The Federal Reserve is in destruction mode. It's best to stay outside while the bull is in the china shop.

I wouldn't blame everything on Bernanke, he goes out of his way to cushion and sugar coat everything he says and the traders still go loopy.  IMHO this is that famous 'wall of worry' everyone likes to climb.  The spikes are momentary and it's the 'boring' troughs that are the norm. 

7 posted on 05/19/2006 7:39:39 AM PDT by expat_panama (There are 10 kinds of freepers; them that manage numbers with a computer, and them that don't.)
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To: Moonman62

Agreed, I just pulled back to 80% cash.


9 posted on 05/19/2006 7:42:00 AM PDT by B4Ranch (Immigration Control and Border Security -The jobs George W. Bush doesn't want to do.)
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