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Author: Lokicious Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 35362  
Subject: Re: Vanguard CDs - FYI Date: 9/13/2007 12:50 PM
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Not a "slame dunk"

I notice that bot only are stocks not crashing, at least for now, but yields are up by quite a bit today and the inflation differential is going back up.

Perhaps the day traders are trying to beat each other to the Fed not going down 50 basis points rush. (I'd love to see Bernanke stay pat and send some panic into the players, but then gain I like anything that gives Wall Street ulcers, since tar and feathers is too old-fashioned).
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