InvestorsHub Logo
Followers 5
Posts 721
Boards Moderated 0
Alias Born 10/17/2007

Re: dgplexus post# 74909

Monday, 01/14/2008 10:14:32 PM

Monday, January 14, 2008 10:14:32 PM

Post# of 82595
P.S., funding may soon become much easier to acquire. Following the financial news (Bloomberg tv, CNBC, etc.,) and talking to my broker, it appears likely that the Fed will cut, much more than 25 basis points this time. My broker is speculating on a 100 basis point cut. As it is, the banks are hardly even lending to each other, that's why the money auctions were set up, and all that. This tight credit market is not expected to last forever. DNAG will outlast it, I'm confident of that, but of course I don't have a crystal ball.