Comments on: Lay off Uncle Ben http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/ Thu, 08 Jan 2009 11:31:54 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Dave http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/comment-page-1/#comment-9371 Dave Mon, 28 Jan 2008 19:10:13 +0000 http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/#comment-9371 Brig, Thank you, Thank you, thank you ! Someone that finally gets it! What I "think" means nothing. It's what was actually done and acted upon. Thanks again. Dave Brig,
Thank you, Thank you, thank you !
Someone that finally gets it!
What I “think” means nothing. It’s what was actually done and acted upon.
Thanks again.
Dave

]]> By: Brig http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/comment-page-1/#comment-9370 Brig Mon, 28 Jan 2008 18:07:01 +0000 http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/#comment-9370 Well look at how many page hits those blogs that incessantly whine about Fed get. Maybe you guys should stop with the winning trade ideas and get on the bandwagon. Well look at how many page hits those blogs that incessantly whine about Fed get. Maybe you guys should stop with the winning trade ideas and get on the bandwagon.

]]> By: John http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/comment-page-1/#comment-9319 John Sun, 27 Jan 2008 18:03:08 +0000 http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/#comment-9319 My personal opinion is that the power of the Fed to actually stop/prevent a recession is severely overestimated. Obviously they could make things much worse if they were raising rates now, but I don't think even if they'd had a crystal ball and cut to 3.5% in July, the economy would be much different than it is now... John My personal opinion is that the power of the Fed to actually stop/prevent a recession is severely overestimated. Obviously they could make things much worse if they were raising rates now, but I don’t think even if they’d had a crystal ball and cut to 3.5% in July, the economy would be much different than it is now…

John

]]> By: damian http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/comment-page-1/#comment-9316 damian Sun, 27 Jan 2008 16:50:17 +0000 http://thetradingdigest.com/blog/2008/01/27/lay-off-uncle-ben/#comment-9316 He's stuck between a rock and a hard place because of Greenspan - but he's not been the most "smooth" acting Fed. I would say: - He was too slow in the beginning - He then went too fast with too big a cut He's like my Dad's driving. But what do I know - I can't imagine the complexity of his job. Maybe he saw something that pushed the 75bps. He’s stuck between a rock and a hard place because of Greenspan - but he’s not been the most “smooth” acting Fed. I would say:

- He was too slow in the beginning
- He then went too fast with too big a cut

He’s like my Dad’s driving.

But what do I know - I can’t imagine the complexity of his job. Maybe he saw something that pushed the 75bps.

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