We have had some weakness in the - cougarguard.com — unofficial BYU Cougars / LDS sports, football, basketball forum and message board

BYU71 · 07-26-2007, 03:07 PM

market since it hit 14,000.

If you watch business shows or read the paper you will get all sorts of reasons. Oil prices hitting new highs. Housing market in a slump. Some are even saying the dropping interest rates are the cause, because there is a flight to quality from the market.

My best guess is we are going to hear about some hedge fund managers have gotten in trouble again. In the short term it has been my experience short term dramatic swings are caused by screw ups by people who have control over way too much money.

07-26-2007, 03:07 PM	#1
BYU71 Senior Member Join Date: Jan 2006 Posts: 5,084	We have had some weakness in the market since it hit 14,000. If you watch business shows or read the paper you will get all sorts of reasons. Oil prices hitting new highs. Housing market in a slump. Some are even saying the dropping interest rates are the cause, because there is a flight to quality from the market. My best guess is we are going to hear about some hedge fund managers have gotten in trouble again. In the short term it has been my experience short term dramatic swings are caused by screw ups by people who have control over way too much money.