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Fed statement


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#1 NAV

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Posted 31 October 2007 - 01:44 PM

http://bloomberg.com...8...&refer=home


Everything's back to normal. The financial crises in Aug - Never mind, that was a false alarm. Oops, but we left that extra 50 basis points on the table. Use that to continue the bull market. Here's another 25 bps today as a bonus for the good job done on the stock market front. Let the good times continue.

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#2 arbman

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Posted 31 October 2007 - 01:49 PM

We are back to the happy days! :lol:

#3 ed rader

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Posted 31 October 2007 - 01:50 PM

http://bloomberg.com...8...&refer=home


Everything's back to normal. The financial crises in Aug - Never mind, that was a false alarm. Oops, but we left that extra 50 basis points on the table. Use that to continue the bull market. Here's another 25 bps today as a bonus for the good job done on the stock market front. Let the good times continue.



i know greenspan is smiling. if bernanke can keep the pig levitated for another year he'll be in the clear :lol: .

ed rader

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#4 arbman

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Posted 31 October 2007 - 02:38 PM

I am not adding here, just keeping the same 1/3 holdings, I will add a bit hedge into the closing, today did not resolve much, downside risk for tomorrow :(

#5 pdx5

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Posted 31 October 2007 - 07:17 PM

Happy days are here again! US dollar sinks below 1957 record Vs Canadian dollar and new record low Vs Euro... Gold just hit $800/oz I just paid $3.159/gal for gasoline! I better hurry up and buy all the Christmas presents before their prices go up much mmore.... Fed just cut 25 basis points and said they don't see a recession cominG! whew!! Happy days indeed!
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