Tuesday, August 08, 2006

 

fed stayed put and dovish

he wont last long if gold runs wild. 1st post i saw on a daytrader sight was: 'cover shorts!' the poster was not saying he is covering his shorts,, i know this bull.. so instead i say 'buy you bull' show me your power before i cover. because nothing has changed for the better. one of the first stocks i saw go red was GD -hhhhhhhhhhmmm,, as we know the govt is 'cutting back a bit' in defense land. i simply dont see this 'party on a dovish' fed worthy. they can prop it up for a few hours/days i suppose with TOMO,, i would rather see real buying not more funny money anticts by wallstreet.





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