Ryan & all
I am soooo sorry - didn't realize I was still in the Trendlines Forum. My posts
shouldn'tve been here. :(

Kos,
Personally I feel with all of the news from the banks and the change in short selling is
having a temporary impact on the markets. Whether this is a major shift in sentiment or a
bear market rally, who knows! I am in the bear market rally camp.
I was with the head of BAC's mortgage div. for S.C. on Sat. PM. He told me on Monday after
the Indy-Mac debacle that they had a mini run on some of their branches with depositors
wanting to withdraw their funds. And S.C. is 3000 miles away from Indy-Mac.
I feel the Fed was grasping @ straws and had to do something. However, the fundamentals
have not changed. When the Fed orders more ink to print worthless paper the result is
sharply higher inflation which will take much longer to solve.
Once the main earnings announcements are absorbed in the market I feel we will once again
be heading south.

Would appreciate Doc, GT and Ryan's assessment. I could be wrong but future inflation can
be a killer as it was in the late 70's and early 80's.

.

Last edited on: 07-21-2008 12:50 pm

.

Last edited on: 07-21-2008 12:50 pm

Gt/Doc
We can get GT a pacemaker for his weak heart from BRL..............lol

.

Last edited on: 07-21-2008 12:51 pm

.

Last edited on: 07-21-2008 12:51 pm

I can take you off life support now...you're stable ...lol

Last edited on: 07-20-2008 10:40 pm

Ok, Doc. My vital signs are normal now.

GT-

I think we are straight....3/7, 4/17

Thanks GT

Last edited on: 07-20-2008 10:27 pm