A.I.M. Users Bulletin Board

[Firebird400]

Hi Tom,

After much consideration and discussion(with wife of course)last Wed night,, we decided to take a very conservative and defensive position,, so Thursday we switched lots of money around,,, Why?,, I guess the most nagging thing here is the interst rates,, everyone can be their own economist,, but my crystal ball says Fed Funds rate will climb to 5.25% unabated and probably higher,, so that alone tells me to move but the biggest intangible in play is IRAN,, they have stated $100 a barrel oil if punished,,,, and with Venezuela and Libya backing their statements about supporting IRAN and $100 oil,, that's just not a damper on the market but a total flame out! Just my thoughts from all that econ I learned in college, Ken