Unprecdented Times - I’m Going to Disney World!

By Jerry Furst - Sr Analyst
Investors Education Network
Search for a Bottom Continues
Back on September 28 I stated that,  “Chicken little was “buying Puts on SKY”” - I believe that the trade is probably profitable - As the search for a bottom continues…
With an unscheduled interest rate cut by the US - coordinated with the other Central Banks not helping calm or give confidence to the markets - Could ths be the capitulation - or just a stop along the way?
Tipping Point and the Chinese
Rick Santelli on CNBC is saying that we are at the “tipping point” and he was seen waving the white flag for the credit markets.  As Rick was speaking -  I was just reminded of the old “Tip Jar” joke sign that says “Tipping is Not a City in China”, and wonder what the Chinese are thinking - and doing…  Let alone the free worlds other friends that are flush […]

Original post by jfurst

This entry was posted on Wednesday, October 8th, 2008 at 10:21 am and is filed under Interest Rates, webinar, dollar, Pound, FOMC, Uncategorized, Fundamental Analysis, News: Scheduled and Breaking, Relevant Ramblings, trading, bernanke. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.