FLASH: New Fed chairman will be announced at 1PM ET

Greg · 10-24-2005, 03:30 PM

Developing...

**teknobucks** · 10-24-2005, 03:39 PM

I'm pulling for WONDER WOMAN!

Bernanke to chairme thinks

**bkrownd** · 10-24-2005, 04:20 PM

That's what the talking heads on TV are pronouncing.

**grandma** · 10-24-2005, 08:29 PM

Bernanke it is.......according to cnsnews.com

**Birchtree** · 10-25-2005, 12:26 AM

Bernanke is a good choice - maybe he'll give us a roll back.

**teknobucks** · 10-25-2005, 02:51 AM

ush Fed Choice Worth Up to $1.9 Million

federal Reserve chairman, has between $852,013 and

$1.855 million in assets, according to a financial disclosure form he filed this year

His biggest holding is a guaranteed annuity from the New York-based pension fund TIAA-CREF worth between

$500,001 and $1 million, he indicated on the form, filed for his position as chairman of the White House Council of Economic Advisers.

http://www.tiaa-cref.org/charts/mf-performance.html

**teknobucks** · 10-25-2005, 03:12 AM

boy on tt hit it on the head today re bernanke:

THIS WAS A KENESYIAN CHRISTMAS RALLY...

He wanted to print money in college all his life. Now the President gave him a printing machine. My house will double in price in a couple of years. So will the stocks. So will everything else. Excluding things included in core CPI of course.

Bravo. I will be dead by that sixth period, therefore I don't care.:P

bout the way i see it also...out today for whipsaw re-entry.

Greg · 10-25-2005, 03:51 AM

teknobucks wrote:

out today for whipsaw re-entry.

Translation please, for us bumpkins.

**grandma** · 10-25-2005, 04:48 AM

teknobucks wrote:

Bravo. I will be dead by that sixth period, therefore I don't care.:P

??? ....that sixth period...? means what??

**grandma** · 10-25-2005, 02:10 PM

...some background & possible expectations on Bernanke (from Business Week/Business Reform):

http://tinyurl.com/axetc

**teknobucks** · 10-25-2005, 10:55 PM

grandma wrote:

teknobucks wrote:

Bravo. I will be dead by that sixth period, therefore I don't care.:P

??? ....that sixth period...? means what??

we can print and be merry for just so long......eventually the game will catch up withus. at that point being in the G fund will not be a safe haven from theensuing world wide financial dilemma that will unfold.

my guess is that will occur mid to later21st century (most of us will bedead). by thenthe United Stateswill not be carrying the big stick we now have...CHINA will.

tekno

very unfortunate for our kids and their's since we seem to not give a chit what kind of debt load they will be left with.:X

**teknobucks** · 10-25-2005, 11:00 PM

Greg wrote:

teknobucks wrote:

out today for whipsaw re-entry.

Translation please, for us bumpkins.

was looking for more of a drop today. figured we would have more to the downside after the stellarday on monday. this level is a great entry point for a long term buy and hold for big caps both in this country and abroad.

jmho

may reload with stox tomm. wish all the bad news would just be flushed out at once.