True. A stong followthrough over the next few days can be used to reduce equity exposure.
Reduce exposure to equities in favor of what? I’m out of equities, but am unsure where to turn. Gold? So far, that little number has not done me much good.
Folks need to understand the fear that gripped these men. The international banks dumped $300 billion into the international market late Wednesday night and it did NOTHING to increase liquidity in the market on Thursday morning.
All of the games that the banks and investment firms have been playing on a massive scale since the early 1990's were coming home to roost.
The Treasury and Fed told Bush that he didn't have a choice and we now have a nationalized investment industry.
Watch these men as they speak to the country. They are SCARED! Their "solution" is simply an effort to fool people and prolong the obvious.