Foolsworth
08-13-2007, 08:44 AM
Maybe much ado about nothing.Traditionally there IS
Volatility on Wall Street.Just recently in 2001 & 2002.
In '97 & '98.
In the 40's and 50's.
Financials are good.The Subprime hubbub will be short-lived
once Liquidity is pumped into the System.
Another lesson wil be learnt.Don't Remortage yer home or
take on a 2nd mortage,just because others are.
Panic & Fear are often irrational.Goldman Sachs has come on
board to reassure the Markets to hold true.
Now may be another good time to look for bargains.
****************************************
Feds add TWO {$2 Billion} which is a withdrawal from their
original $7 Billion.ECB has added Liquidity as did Japan.
Volatility on Wall Street.Just recently in 2001 & 2002.
In '97 & '98.
In the 40's and 50's.
Financials are good.The Subprime hubbub will be short-lived
once Liquidity is pumped into the System.
Another lesson wil be learnt.Don't Remortage yer home or
take on a 2nd mortage,just because others are.
Panic & Fear are often irrational.Goldman Sachs has come on
board to reassure the Markets to hold true.
Now may be another good time to look for bargains.
****************************************
Feds add TWO {$2 Billion} which is a withdrawal from their
original $7 Billion.ECB has added Liquidity as did Japan.