Comments on: OUCH! http://allfinancialmatters.com/2007/12/11/ouch/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Sat, 11 Feb 2012 20:32:19 +0000 hourly 1 http://wordpress.org/?v= By: Tim http://allfinancialmatters.com/2007/12/11/ouch/comment-page-1/#comment-189134 Tim Wed, 12 Dec 2007 21:31:39 +0000 http://allfinancialmatters.com/2007/12/11/ouch/#comment-189134 the picture looks nasty, but it was due to the sharp spike at the start of trading. despite the big drop in the chart, the dow did end the day up. the picture looks nasty, but it was due to the sharp spike at the start of trading. despite the big drop in the chart, the dow did end the day up.

]]> By: Jayson http://allfinancialmatters.com/2007/12/11/ouch/comment-page-1/#comment-189128 Jayson Wed, 12 Dec 2007 21:19:23 +0000 http://allfinancialmatters.com/2007/12/11/ouch/#comment-189128 The new American philosophy of borrowing your way to prosperity is still alive and well. I was hoping it would die with the credit crunch. The new American philosophy of borrowing your way to prosperity is still alive and well. I was hoping it would die with the credit crunch.

]]> By: mbhunter http://allfinancialmatters.com/2007/12/11/ouch/comment-page-1/#comment-188947 mbhunter Wed, 12 Dec 2007 15:14:55 +0000 http://allfinancialmatters.com/2007/12/11/ouch/#comment-188947 Wall Street wants the Fed to kiss its skinned knee and make it all better. This Fed meeting "wager" each time really makes me uneasy that there's very little holding this market up. Wall Street wants the Fed to kiss its skinned knee and make it all better. This Fed meeting “wager” each time really makes me uneasy that there’s very little holding this market up.

]]> By: bitterkarma http://allfinancialmatters.com/2007/12/11/ouch/comment-page-1/#comment-188854 bitterkarma Wed, 12 Dec 2007 12:09:28 +0000 http://allfinancialmatters.com/2007/12/11/ouch/#comment-188854 What happened yesterday? I watched garmin drop pretty hard. They like to do that. What happened yesterday? I watched garmin drop pretty hard. They like to do that.

]]> By: Kirk http://allfinancialmatters.com/2007/12/11/ouch/comment-page-1/#comment-188623 Kirk Wed, 12 Dec 2007 04:46:52 +0000 http://allfinancialmatters.com/2007/12/11/ouch/#comment-188623 I think it was good the Fed delivered 25bps instead of 50bps. Just a few weeks ago, the Fed was claiming the subprime mess was contained and the economy was strong. If they cut too much, it looks like panic. Additionally, larger drops will put further pressure on the dollar, which invites inflation. For now, I guess the Santa Claus rally might be over...or at least halted until the market finds a Rudolph to lead its sleigh. I think it was good the Fed delivered 25bps instead of 50bps. Just a few weeks ago, the Fed was claiming the subprime mess was contained and the economy was strong. If they cut too much, it looks like panic.

Additionally, larger drops will put further pressure on the dollar, which invites inflation.

For now, I guess the Santa Claus rally might be over…or at least halted until the market finds a Rudolph to lead its sleigh.

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