Nostra-
Hindsight is always 20/20 but you can’t be too unhappy with those gains. I’m getting ready to start doing some trading on my own and was wondering what broker you use, and how you like them?
On the DOW, it sounds like the bulls are all but guaranteeing a FED rate cut the end of the month, which to me is pathetic. These guys are so short-sighted to think that is the answer, when we know the fallout will be higher prices, higher core and actual inflation, which will lead to decreased spending and further weakening the dollar.
Why not raise rates, flush this “credit crunch” out and give people some incentive to put money back in US savings? Meh, that’s too logical.
