Watch for FED 's action: pump market
(2007-08-15 13:24:02)
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The way this market is falling fast, we should expect FED to come to the game anytime from now. If market has another 500 points drop in DOW, watch for FED \'s action.
It is dangerous time for both shorts and longs, since unexpected is coming to play. That may explain why Goldman\'s hedge funds lost big even with superior computer models.