It is a little tough in the market today

[BYU71]

Originally Posted by MikeWaters

http://www.humanevents.com/article.php?id=21982

He is basically repeating what he has heard on CNBC.

Eventually when the truth is known hedge funds and these Kerry trades caused the market problems. Remember long term capital? Greenspan bailed out the banks on that one with liquidity. Bernanke is already doing that. Rate cuts are psychological for the consumer. If he cuts rates it will be about saving joe average guy. I guess you could say if Joe average guy gets saved then so does the economy and market. That also helps Joe average guy.

It shows how ignorant Novak is to buy into this rate cut to save millionaires.

[MikeWaters]

are you calling the Prince of Darkness ignorant?

don't fight Novak. You will end up with your tongue coming out of weird orifices.

[BYU71]

Originally Posted by MikeWaters

are you calling the Prince of Darkness ignorant?

don't fight Novak. You will end up with your tongue coming out of weird orifices.

Novak had moved into my "conservatives I don't give a crap about" long before Bill Crystal or Rush Limbaugh did. I see them as people who are in love with their ideas more than being able to get something accomplished. I think at least Crystal is in love with his ideas.

Novak and Limbaugh have self love issues. I see them as guys who prefer to change their own oil.

[MikeWaters]

I wouldn't put Novak in the same category as either of these two.

Limbaugh is a narcissistic entertainer.

Crystal is an ideologue.

Novak is the prince of darkness. Yes, he has a conservative agenda, based on what he chooses to talk about. His most frequent choice is to lionize the people in congress who are fighting pork (which means he frequently bashes Bush). I thought this would be up your alley.

[BYU71]

Originally Posted by MikeWaters

I wouldn't put Novak in the same category as either of these two.

Limbaugh is a narcissistic entertainer.

Crystal is an ideologue.

Novak is the prince of darkness. Yes, he has a conservative agenda, based on what he chooses to talk about. His most frequent choice is to lionize the people in congress who are fighting pork (which means he frequently bashes Bush). I thought this would be up your alley.

Well this is probably the first time we have ever disagreed on something, but I see him as a major narcissistic entertainer.

[fusnik11]

Originally Posted by Jeff Lebowski

Jimmy?

You are either trolling or a complete idiot.

[Jeff Lebowski]

Originally Posted by fusnik11

You are either trolling or a complete idiot.

Nicely done, Fus.

I was trolling on that one. Which best describes what you were you doing in that other thread?

[BYU71]

Originally Posted by BYU71

Just curious, do you think Buffet is buying or selling?

Wow the market is up 300 this morning. I guess Buffet was buying yesterday.

[Indy Coug]

Originally Posted by BYU71

Wow the market is up 300 this morning. I guess Buffet was buying yesterday.

3 to 6 months from now, the last two weeks will be a distant memory

[BYU71]

Originally Posted by Indy Coug

3 to 6 months from now, the last two weeks will be a distant memory

Agreed We aren't out of the woods quite yet, but I think I can see the light. The negative tone on CB about things (concerning markets) was one good indicator we are close to the bottom.