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Re: jk023 post# 252

Monday, 03/10/2008 5:04:04 PM

Monday, March 10, 2008 5:04:04 PM

Post# of 789
I was looking at the same thing JK. No way to sugar coat things here. It's just ugly out there. We have to protect our capital as much as possible because I have a feeling we're going down to 11,000 on the DOW.

I think it's Thursday that we hear more about the rumored rate cut of another 75 basis points. These Feds are driving me crazy! We needed this crap back in November and December.

Now we get to see the dollar fall and inflation go up! Feels real good when I fill up my 25 gallon gas tank nowadays! Expect your food bills to skyrocket as well.

Then there's the whole oil story. Demand has said to diminish and production has stayed the same. Doesn't that mean oil should go down? Every damn chart screams that oil is overbought yet they keep going up!

OK..... I feel better now! LOL I just need to regroup and get out of some positions I'm in. Good thing I am currently playing with the house's money and my original amount of capital is still in place.

We just really need to work harder here. There is opportunity out there and I trust that we will find them!

Boca_Bobby

Boca_Bobby

Mom said there would be days like this!

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