ajtj99's Market Pulse

[uncle_chubbie]

so whaddaya do now? first of all ya watch
the big bank earnings next week for more transparency, second, ya watch to see if lending prices actually come down any. By next week the FEd will have chopped off an unprecedented couple hundred points in recored time, only problem is that banks are still demanding a premium for the money they are lending.It actually costs more to borrow money now than it did 6 months ago. The blood isn't getting to the muscle that needs it and I see this FED move as a temporay stabilizing factor.Shouldn't take long to find out. (JMHO) CHUBBIE