nnuut's Account Talk

Looks like I get to move back into the + column. I've been on the losin end since last Friday..Glad to hear that most of us seemed to have done well today..Good Luck Tomorrow..

I hope Uncle Ben's act of good will can stabilize this market and give it the shot of adrenaline it needs to keep the economy moving forward..:)

FS
 
Ben done good!! I think it will be short lived, when the market realizes that the reason they lowered rates is that the economy is CRAP, DOWN WE GO, let me give that a MAYBE!:sick:
Norman:cool:
 
Watch out!:D

Recession: What the cut won't do

Even with the deepest rate cut in nearly 5 years from the central bank, many of the risks for the U.S. economy are beyond its reach.

By Chris Isidore, CNNMoney.com senior writer
September 18 2007: 6:18 PM EDT

NEW YORK (CNNMoney.com) -- Problems in housing, the financial markets and the first job decline in four years all played a role in the Federal Reserve making an aggressive rate cut Tuesday. But it has also raised talk about a recession - and whether the Fed is able to prevent one.
The Fed, citing the growing risk to continued economic growth, cut the benchmark fed funds rate by half a percent Tuesday, a bigger cut than many economists had forecast. It was the biggest cut since a half-point cut in November 2002, and the first rate cut of any kind since June 2003.
It's not clear how much Federal Reserve Chairman Ben Bernanke will be able to do if the U.S. economy does start to slide toward recession.
While most economists still don't believe the nation will fall into a recession, there is general agreement that the economy now faces a greater risk than there was only a month or two ago.
But many economists also say that the Fed can do little at this point to address many of the factors threatening continued economic growth. Some economists even argue that rate cuts could make matters worse.
The mortgage market would seem to be where the Fed could have the most effect. Most directly, a rate cut will reduce the rates for adjustable rate mortgages, one type of loan that has caused the problems for lenders and subprime borrowers, those with less-than-perfect credit. (more)
http://money.cnn.com/2007/09/13/news/economy/recession_risks/index.htm?postversion=2007091818
 
Looks like we definately have a breakout, how long will it last? I would hate to jump out prematurely, decisions, decisions!!:suspicious:
 
50% "G", 20% "F", 15% "C", 15% "S" COB today.
Taking some profits today. You never know what's next, so it's the CP mode for me!
 
Same to you Sailing in the Fog man! I see you split them up some today, as I did cause Ya know it can't always go UP!! CP that's for me!:cool:
 
Yep...I'm willing to be in for 30% tomorrow, and hope the rally holds up one more day..Probably heading to G or F on Friday...Let's hope we get one more positive day, there should still be some good will rolling around from the Fed cut..

FS
 
100% "G" COB today. Expected a opposite reaction to the FED decision, but didn't know when. Usually there is a short rally and then a drop. This time I thought it might be different due to the situation, no rate reductions for years the Sub Prime thing etc. We might spike up after the dust clears, the wall of worry isn't straight up, its stepped up. To the "G" for me to get the penny!:D
 
The "F" fund, look at that thing!!! This is one of those times when stock go down and bonds go down with them. Let's write this one down, cause it seems that nobody here has a really good knowledge of how BONDS react to economic conditions!! I sure don't.:embarrest:
Who is the BONDMASTER?:cool:
 
Excellent point Nnuts..It makes sense that when certain conditions exist, such as integrity questions about the value of commercial paper, bond prices will slide...but why the slide today...I dunno...

We do need a Bond Master....

We've got Ebb, now we need Flow...:D:D:D

FS
 
That's right a good economist would have probably told us to avoid the "F" after the rate cut? Now, after the fact it seems that everybody knows?:cool:
 
still riding that train was not able to jump off today:eek: heading to Big T tomorrow & smell the methynol watch the big boyz GL norm
 
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