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EMC Corporation Message Board

  • hosedraggers hosedraggers Jan 15, 2008 11:51 AM Flag

    Who Knows About the FED?

    I want someone to tell me why the FED has not done anything yet? Honest reasoning, why are they still on the sidelines?

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    • I posted something earlier about this.

      This is what they have created to the unsuspecting investor, a true moral hazard! Yes, things can be manipulated short term but longer term it cant. So, if you are managing risk thinking the Fed will "save the day", you are very, very wrong. Moreover, they have lost all control. IMO

      Think about this. If financials are soooo attractive, then why arent the hedge funds stepping up? They have tons of money. The reason, they are very smart and you dont just buy something if you dont know the book value of it.

    • Honest reasoning?
      OK, IMO we and FED guys are waiting for tomorrows data about CPI & if it's going to be like today's PPI we are going to get what Ben promised, Rate Cut and the agressive one...
      If U don't remember or U did not listen to him please go and read the whole statement from last Thursday.
      After todays data about Ret. Sales and NY Empire St. Mfg = IT IS A SCREEEAMING CUT CALL... As Ben said he is determined to do it.
      Do not listen to CNBC dwarfs. The common sense is the best U can use today..

      BTW,EMC is the one of not so many stocks to rebound fast = 401k and other funds (they need to get in about Jan 15) $$ are going to buy EMC as a first stock...Check the yesterdays transaction at the close... Volume!

    • Hose,
      Look for my comment under " the financials ralled to resistance " heading , I posted it there in error .

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