whelp! i'm out. things are just getting worse in this country so, cash is king. eom | ABT:CA Message Board Posts


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Msg  114 of 123  at  7/6/2008 11:18:55 AM  by

halfdayeddie


 In response to msg 113 by  metcash1
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Re: whelp! i'm out. things are just getting worse in this country so, cash is king. eom

Cool sight Met...I'm still just barely hanging on but i sense that July will be the bottom with the earnings from the big companies telling the market whether those rate cuts back in january are finally working. Then things could start rolling again by september as long as the oil bubble breaks which it will sooner rather than later and then the fed can safley raise rates again. The market wants to see those signs before the big money which is still on the sidelines starts accumulating again. I agree with you Met that it's been a F****ked up year for everyone involved and how those overpaid economists and ANALysts couldn't have seen this a year ago just shows that wall street doesn't have any more clue as to what's going on any more than you or i do. I too will be checking in with this board as you are one of the few normal posters out their to exchange info with. I'm on holidays this week as our anuual Calgary Stampede is on so the city is on party mode and it gets your mind off the market. Enjoy your summer Met and stay in touch.
Ed


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