- Joined
- 8/20/06
- Messages
- 115
- Points
- 28
Well the top 3 headlines at the hour on Bloomberg are:
1) Treasuries Rise; 3-Month Bill Rates Fall to Lowest Since 1950s
2) Lehman Drops After Fuld Says Fed Eased Cash Concerns
3) Oil, Gold Rise to Records as Dollar Fuels Commodities
And yet the Dow is up for the day, and S&P hardly reacted (compared to Asia and Europe)... I thought we were in for a rough day, but it was a huge rally compared to my expectations !!.... are there people out there who think stocks are cheap...
1) Treasuries Rise; 3-Month Bill Rates Fall to Lowest Since 1950s
2) Lehman Drops After Fuld Says Fed Eased Cash Concerns
3) Oil, Gold Rise to Records as Dollar Fuels Commodities
And yet the Dow is up for the day, and S&P hardly reacted (compared to Asia and Europe)... I thought we were in for a rough day, but it was a huge rally compared to my expectations !!.... are there people out there who think stocks are cheap...