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To: Moonman62

When this is all over and done, there’s going to be some screamin’ bargains out there.

I think that the actions of the ECB are the most interesting so far. Their injections have not stopped the LIBOR rate from going higher (by about 10+ BP), and they injected more today. The ECB’s actions are why the Fed now has room to act without threatening the dollar’s value, IMO.


4 posted on 08/10/2007 5:35:40 AM PDT by NVDave
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To: NVDave

“...there’s going to be some screamin’ bargains out there.”

I think you’re exactly right. Stay sharp and pounce.


7 posted on 08/10/2007 5:40:08 AM PDT by Natchez Hawk (What's so funny about the first, second, and fourth Amendments?)
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To: NVDave
When this is all over and done, there’s going to be some screamin’ bargains out there. I think that the actions of the ECB are the most interesting so far. Their injections have not stopped the LIBOR rate from going higher (by about 10+ BP), and they injected more today. The ECB’s actions are why the Fed now has room to act without threatening the dollar’s value, IMO.

You're right on all counts. I just can't tell you the right time to buy those bargains.

10 posted on 08/10/2007 5:49:19 AM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: NVDave

there’s going to be some screamin’ bargains out there.
_______________________________________________________

Question is when? August? September? October? I’ve seen overvalued markets really tank twice in my adult life in September and October so this is a dangerous time of the year to go all in. Is this one of those years with a significant late summer/fall correction? How much longer does our economy go without a recession and when does the possibility of a recession factor in? What will the effect of the housing downturn be on the perception of wealth and well-being? Is there really a liquidity crises? Does Hillary overturn the economic apple cart?


15 posted on 08/10/2007 5:58:20 AM PDT by Greg F (The Congress voted and it didn't count and . . . then . . . it didn't happen at all.)
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