25 Basis Point Emergency Cut

barbarus · 03-16-2008, 09:15 PM

Keep moving.

All is fine.

Nothing to see here.

Fed takes new steps to ease financial crisis - Mar. 16, 2008

RockOn · 03-16-2008, 09:21 PM

Quote:

Originally Posted by barbarus

Keep moving.

All is fine.

Nothing to see here.

Fed takes new steps to ease financial crisis - Mar. 16, 2008

FED is in full panic mode. These things can turn quickly but I'm seeing Japan down 500, the Dow down 268, Sp down 37, Nas down 41 right now. Interesting indeed.

Shredder · 03-16-2008, 09:27 PM

Quote:

Originally Posted by RockOn

FED is in full panic mode. These things can turn quickly but I'm seeing Japan down 500, the Dow down 268, Sp down 37, Nas down 41 right now. Interesting indeed.

Hey have some confidence, the "decider" will protect us.....Shredder

RockOn · 03-16-2008, 09:30 PM

You mean Bush I assume. Didn't he just say there will be no protection for investors and speculators and things are actually fine a few days ago. He must have just been briefed by BSC.

Retire Soon · 03-16-2008, 10:14 PM

Don't panic, there's no emergency. The Fed always chooses Sunday to cut the discount rate, right?

Shredder · 03-17-2008, 07:57 AM

Quote:

Originally Posted by RockOn

You mean Bush I assume. Didn't he just say there will be no protection for investors and speculators and things are actually fine a few days ago. He must have just been briefed by BSC.

Seems to me, he said ya gotta go slow, cause if you over correct you'll end up in a ditch. I'm putting my helmet on! shredder

JPatrick · 03-17-2008, 09:01 AM

Keep your eye on the prize...Somewhere down the line will likely emerge the greatest buying opportunity of the last 50 years.
All we need to know is when and what....
How hard can that be??

03-16-2008, 09:15 PM	#1
barbarus Recycles dryer sheets Join Date: Aug 2007 Posts: 376	25 Basis Point Emergency Cut Keep moving. All is fine. Nothing to see here. Fed takes new steps to ease financial crisis - Mar. 16, 2008 __________________ Privatize the profits, socialize the losses.

03-17-2008, 09:01 AM	#7
JPatrick Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 1,501	Keep your eye on the prize...Somewhere down the line will likely emerge the greatest buying opportunity of the last 50 years. All we need to know is when and what.... How hard can that be?? __________________ If you do what you've already done, you'll get what you've already got- - - -<

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03-16-2008, 09:30 PM	#4
RockOn Full time employment: Posting here. Join Date: Jan 2008 Posts: 798	You mean Bush I assume. Didn't he just say there will be no protection for investors and speculators and things are actually fine a few days ago. He must have just been briefed by BSC.

03-16-2008, 10:14 PM	#5
Retire Soon Full time employment: Posting here. Join Date: Nov 2005 Posts: 534	Don't panic, there's no emergency. The Fed always chooses Sunday to cut the discount rate, right?

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