"perrie" <perryneheum@[EMAIL PROTECTED]
> wrote in message
news:a92f405a-ea19-4dac-bbee-74083dfab06f@[EMAIL PROTECTED]
> We'll see if it continues tomorrow, won't we?
>
It might, for a couple of days and at a slower pace. I knew it was going
to
happen and bought few items on the market ahead of time. The indications
were as following:
1. On Saturday I was driving around, listening to the talk show radio, and
noticed unusually large quantity of financial ads, informing that it was a
good time to buy stocks (and of course they would help you to make the
right
selections). "Do not put your money into money market funds, you will lose
them ...", and so on.
2. On Monday financial press re****ted that Goldman Sachs "analysts" were
expecting Fed to announced emergency rate cut, ahead of scheduled Fed
meeting. Now, the scheduled meeting is only one week from now, so what was
that could not wait one week?
3. Also yesterday, I believe, our resident stock market guru, Don
Tiberone,
informed us about sudden jump in Japanese machine orders (Nikkei, somehow
failed to react to the good news).
And, of course, today the low-life, knee-jerk, thievish Fed chairmen
announced a huge injection of credit, despite fast accelerating inflation!
I
did make money today, but I wish I didn't. It is so disgusting to see the
people in the highest government posts, taking part in the organized
market
push to stave off margin calls, increasingly issued against hedge fund
positions. So, let us wait for a few weeks, before inflation makes another
jump ahead and the $ reaches new low. But hedge funds investors will be
saved, for now.
e.
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