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To: B4Ranch

I dont think so, we are right at or very near the bottom


153 posted on 03/17/2008 5:52:52 AM PDT by italianquaker (Hussein is his middle name, maybe his parents should apologize for it)
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To: italianquaker

The Fed will try to prop the market up as much as it can...violent up and down swings ahead for sure due to that.

But when the 5th largest investment banker in the country was going to zero - you can bet that there are likely 7-10 regional bankers and smaller investment bankers that are in deep trouble. Bottom? Not even close. The Fed can’t make people think we are in a bottom and cause big short covering, but we’re going lower. We’re likely going much lower eventually - this could be an extended Bear market like in the 70’s...it happens.


154 posted on 03/17/2008 6:00:49 AM PDT by rbmillerjr ("bigger government means constricting freedom"....................RWR)
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