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Re: n83 post# 106097

Monday, 08/06/2007 7:01:24 PM

Monday, August 06, 2007 7:01:24 PM

Post# of 148479
Short covering rally today ahead of Fed uncertainty. The shorts do not want to be short going into this Fed meeting, with the possibility that the Fed may at least say something soothing to the market. IMO there will be NO rate cut, but Fed MAY back off on its tough stance a bit.

There never was a moment, and never will be, when we are without the power to alter our destiny. This second, we can turn the tables on Resistance. This second, we can sit down and do our work.

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