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S&P 500
5,615.35
(
0.55%
)
US TECH 100
19,804.00
(
0.64%
)
Dow Jones
40,000.90
(
0.62%
)
Brent Oil
84.57
(
0.00%
)
Bitcoin
58,862.31
(
1.68%
)
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WinOneGipper

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WinOneGipper

Re: None

Wednesday, 09/12/2007 3:39:02 PM

Wednesday, September 12, 2007 3:39:02 PM

Post# of 9101
BVChuck,

The only shares up on my board today so far are commodity shares (oil, gold, pharmaceuticals) pushing inflationary concerns once again. The value of the dollar hit an all time low today continuing its lengthy decline... not good if we expect foreign countries to continue to finance our growing national debt (a rate cut now could actually be damaging). GDP is at 2%, exactly where the Fed wants it. None of this signals the need for a rate cut on the 18th IMO. I still think the Fed will hold!

At least TKO's hanging in their.

The S&P 500 hasn't gained 2% yet (needs to breach 1480 for me to become more optimistic). Everything is still on hold.

Gip
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