tag:blogger.com,1999:blog-2335748440449035592.post7115993272592184070..comments2008-12-22T11:51:26.442-05:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-2335748440449035592.post-78605348972626571032008-09-07T20:30:00.000-04:002008-09-07T20:30:00.000-04:00FNM and FRE common shares should be axed tomorrow, but this is an irrational market. I'm anxious to see how it plays out, glad to be on the sidelines.Bluedoghttp://www.blogger.com/profile/13620622716492473197noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-72002726283282361592008-09-07T19:36:00.000-04:002008-09-07T19:36:00.000-04:00I agree with that thinking<BR/><BR/>We had similar reactions when we had the first wave of Fed cuts and the Bear Stearns bailout after the initial Monday morning drop. That led to a 6 week+ rally.<BR/><BR/>Again, when you offload risk from Wall Street to tax payer, it is right for Wall Street to celebrate.<BR/><BR/>But I agree with your assessment - remarkable times.<BR/><BR/>Sia, I think common sense regulation that is preventative would work. However we are scolded away from that - and told let the free market work. Human greed and avarice unfortunately does not allow "truly free markets" to be allowed. If so, we should disband the military and police forces since the "free market" would take care of crime and war. <BR/><BR/>The truth is they are right about that. But the bloodshed would be immense as the free market solved things.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-78611806808237114132008-09-07T19:07:00.000-04:002008-09-07T19:07:00.000-04:00Dow futures up over 200. It is just like when oil started to drop, DOW rose. But when people realized why oil was dropping, the markets started to collapse. Smae with the bailouts. When the dust settles, the reason for the bailouts will lead to the markets testing july lows.minaccesshttp://www.blogger.com/profile/00855929558350004653noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-64564133400426044042008-09-07T18:46:00.000-04:002008-09-07T18:46:00.000-04:001. The 'free market' would be a very immoral one (too much corruption, child labor, slave labor, etc).<BR/>2. I doubt in the end, this will cost tax payer money.Siahttp://www.blogger.com/profile/05915856696281889732noreply@blogger.com