nnuut's Account Talk

[nnuut]

And the FED will------?????????? I think what we have here is a definate Maybe!
AP
Fed talking tough on the threat of inflation
Wednesday June 25, 9:31 am ET
By Martin Crutsinger, AP Economics Writer

Fed likely to keep interest rates unchanged but employ tough talk about inflation threats


WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke and his colleagues, concluding a two-day meeting, are expected to keep talking tough about inflation while stopping short of actually doing anything, at least right away.
The Fed is widely expected at the conclusion of Wednesday's discussions to express more concerns about inflation and in that way signal that rate increases could be on the way later this year. However, at the same time, private economists are in agreement that the Fed will not actually start raising interest rates at this week's meeting, given how weak the economy is at the moment.

 

[luv2read]

No "surprises" today. They won't lift a finger until after the election unless it looks like Obama is going to win. Wait for the August meeting.

 

[nnuut]

Today just brightened up! Oil inventories greater than expected. Oil on the way down, Market on the way up, BAM!!!!!!! Check out Oil Slick Stuff for details.
http://www.tsptalk.com/mb/showpost.php?p=169128&postcount=3437

 

[kar_crazy]

you would think with all the people that have traded there suvs in for a loss for smaller gas saver cars we would be using less gas by now ? where is it evaperation?

 

[nnuut]

you would think with all the people that have traded there suvs in for a loss for smaller gas saver cars we would be using less gas by now ? where is it evaperation?

They sold it overseas probably?

 

[nnuut]

100% "C" COB today! Bully Bully! Go getem' Ben!!!View attachment 4133

 

[nnuut]

I always love the action at about 14:00 on the FED's decision day, like fireworks!! BOOM!!!!! Opps, ZAP---ZOOM----BOOM KABOOM!!!!

 

[luv2read]

hmmmm...those in I fund might have turned a nice profit moving 50% C yesterday...and moving that to G COB today or tomorrow.

 

[Steadygain]

100% "C" COB today!

Let's not forget the "new policy" I'm trying to enact :cheesy::nuts:


A 100% C Fund investment is the Ultimate Tribute to Birchtree.

Our way of "toasting you" Birch - in case you see this.

 

[Gumby]

hmmmm...those in I fund might have turned a nice profit moving 50% C yesterday...and moving that to G COB today or tomorrow.

I thought about that but........I have already made my 2 moves for the month.....so no can do. Thanks FTRIB for holding my money hostage.:notrust:

 

[nnuut]

Let's not forget the "new policy" I'm trying to enact :cheesy::nuts:


A 100% C Fund investment is the Ultimate Tribute to Birchtree.

Our way of "toasting you" Birch - in case you see this.

I thought of that BUT he is part in the "I" now if I'm not mistaken?:laugh:

 

[nnuut]

Here goes the preFED uptick--Yahoo0000!!!!!

 

[luv2read]

I thought about that but........I have already made my 2 moves for the month.....so no can do. Thanks FTRIB for holding my money hostage.:notrust:

Just remember what they said in the rule, once you contribute it, it's not "your" money....it belongs to the "pooled" investment fund...meaning Barclays. Every time I read that crap I get more pissed off. Excuse the language, not very ladylike but I'm...oh well.

 

[nnuut]

Fed leaves rates unchanged

Central bank ends nine-month course of rate cuts as it cites rising inflation risks and hints at a rebound in the economy.

By Chris Isidore, CNNMoney.com senior writer
June 25, 2008: 2:10 PM EDT

NEW YORK (CNNMoney.com) -- The Federal Reserve left its key short-term interest rate unchanged Wednesday at 2%, marking the first time it held rates steady in the past nine months.
The widely expected move comes at a time when many economists are focusing more on inflation than on an economic slowdown. Some are predicting that the Fed will need to soon raise interest rates in order to keep rising prices in check.
In its statement, the Fed cited increasing inflation pressures caused by rising oil and other commodity prices. The central bank also said that the rate cuts it has already made should help lead to improved economic growth ahead.[more] http://money.cnn.com/2008/06/25/news/economy/fed_decision/index.htm?postversion=2008062514

 

[luv2read]

Fed leaves rates unchanged

Central bank ends nine-month course of rate cuts as it cites rising inflation risks and hints at a rebound in the economy.

LMAO! We knew that was over at the LAST meeting. Guess dropping "hints" is the only way to justify not hiking rates...withouth saying we're in a recession/stagflation.

 

[Guest2]

LMAO! We knew that was over at the LAST meeting. Guess dropping "hints" is the only way to justify not hiking rates...withouth saying we're in a recession/stagflation.

IMHO,,,,It hints on never been a situation like this before and they want
to get more information on both sides of the battle (inflation vs recession)
before they select a direction to focus on.

Then, they'll find a way to mess that up too. :nuts:

 

[luv2read]

ROFL the Bernanke spike!

View attachment 4136

 

[nnuut]

Now it's formed a wedge or banner ---- which way will it break?:worried:

 

[hessian]

Would you say now, that it looks like an "M" or a "W"?? :nuts:

 

[nnuut]

Both looks like a YumYum to me!!!!! Upward for now!!