Interfund Transfer 8/15 for 8/16/07

Quote:

---

Originally Posted by James48843

So are you saying the Fed should do an emergency rate cut, and cut the rate to 4.0%?

---

A big chunk of that recent drop in the T-bill was in the last couple of days and could be a short-term blip, but a .50% or .75% cut wouldn't be out of the question.

I gotta hope we're approaching the bottom of that emotion chart...

S&P is now 12% off its high.

Quote:

---

the bottom of that emotion chart...

---

de·spon·den·cy (dĭ-spŏn'dən-sē) http://content.answers.com/main/content/img/pron.gif
n.
Depression of spirits from loss of hope, confidence, or courage; dejection.

Are we there yet? :eek:

I'd say we're getting there.

The market is just looking for excuses to sell off, and I gotta think that is weighing heavily on sentiment.

I think the real despondency will come after a couple of rallies that end in a retest as those buying will lose all hope. A reflex rally, which is due, will just be a temporary relief to the bulls. It's typical bottoming action, and nothing like we have seen in early 2003. 2004 was tough at times, but the drops were not this bad.

I think we are "here"! But, we are not "there"! According to Spaf logic U can't be both "here" and "there" at the same time!.....:cheesy:.....When we get "there" we will be "there"!.......:suspicious: Now does anyone know where "there" is??????

Attachment 1924

Quote:

---

Originally Posted by tsptalk

de·spon·den·cy (dĭ-spŏn'dən-sē) http://content.answers.com/main/content/img/pron.gif
n.
Depression of spirits from loss of hope, confidence, or courage; dejection.

Are we there yet? :eek:

---

Quote:

---

Originally Posted by Spaf

Now does anyone know where "there" is??????

---

Who's on first, What's on second, I Don't Know's on third........
There must still be in the dugout.

Quote:

---

Originally Posted by tsptalk

I think the real despondency will come after a couple of rallies that end in a retest as those buying will lose all hope. A reflex rally, which is due, will just be a temporary relief to the bulls. It's typical bottoming action, and nothing like we have seen in early 2003. 2004 was tough at times, but the drops were not this bad.

---

Tom,
are your going to wait for a double bottom before getting back into stocks? I remember that you picked the bottom good last summer.

SPAF:

Thanks for the cartoon...I not even sure where "here" is the past month and half, much less where "there" is...

And I'm supposed to know how to navigate...sheesh...

Tom, I apologize for kidnapping your account talk..but Spaf's cartoon made me chuckle..

FS