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Re: uncle_chubbie post# 116524

Tuesday, 03/18/2008 8:32:00 AM

Tuesday, March 18, 2008 8:32:00 AM

Post# of 148479
"that's only the start, wait for the fed and more importantly their wording. first of all will they meet Wall St.'s demand for 100? probably."

that's clear. they'll meet or exceed expectations.

"but any staement they are done will be met with a huge rally, dollar might begin to reverse too. but let's see if they do it right or screw it up again."

so the fed will say "this is the last time we'll acceed to street expectations". i have a hard time believing that. this fed has shown itself to be a follower, not a leader. and, unless the crunch really is all over, the next crisis will expose them as entirely clueless.

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