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Alias Born 02/23/2006

Re: None

Friday, 07/14/2006 3:38:12 PM

Friday, July 14, 2006 3:38:12 PM

Post# of 259
As a bad week for the market ends and the mideast does not seem to be cooling, the buyers are staying in cash until this sorts itself out. Soon there will be those willing to take advantage of the fear and start looking for the good ones that will be acting upward on the war premium.

Reminds me of past problems in U.S. Immediately after 9/11 and start of the Iraq fiasco nobody wanted to buy. They wanted to stay in cash and a few commodities like the precious metals.

At least it is looking very doubtful as of today that the Fed will raise again. (Can't figure out why Japan decided to do so now after years of free money.)




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