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Thread: Interfund Transfer 8/15 for 8/16/07

  1. #13

    Default Re: Interfund Transfer 8/15 for 8/16/07

    Quote Originally Posted by James48843 View Post
    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.

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  3. #14

    Join Date
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    Default Re: Interfund Transfer 8/15 for 8/16/07

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

    S&P is now 12% off its high.

  4.  
  5. #15

    Default Re: Interfund Transfer 8/15 for 8/16/07

    the bottom of that emotion chart...
    de·spon·den·cy (dĭ-spŏn'dən-sē)
    n.
    Depression of spirits from loss of hope, confidence, or courage; dejection.

    Are we there yet?

  6.  
  7. #16

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    Default Re: Interfund Transfer 8/15 for 8/16/07

    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.

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  9. #17

    Default Re: Interfund Transfer 8/15 for 8/16/07

    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.

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  11. #18

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    Talking Re: Interfund Transfer 8/15 for 8/16/07

    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!..........When we get "there" we will be "there"!....... Now does anyone know where "there" is??????



    Quote Originally Posted by tsptalk View Post
    de·spon·den·cy (dĭ-spŏn'dən-sē)
    n.
    Depression of spirits from loss of hope, confidence, or courage; dejection.

    Are we there yet?


  12.  
  13. #19

    Join Date
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    Default Re: Interfund Transfer 8/15 for 8/16/07

    Quote Originally Posted by Spaf View Post
    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.

  14.  
  15. #20

    Join Date
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    Default Re: Interfund Transfer 8/15 for 8/16/07

    Quote Originally Posted by tsptalk View Post
    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.

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  17. #21

    Join Date
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    Default Re: Interfund Transfer 8/15 for 8/16/07

    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
    FogSailing
    Try to learn something about everything and everything about something.

  18.  
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SPY (C Fund) (delayed)
Interfund Transfer 8/15 for 8/16/07
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