WITH THE FED CLEARLY IN EASY MONEY MODE FOR THE INDEFINITE FUTURE....THE DOLLAR SHOULD START TO FALL AGAIN...AND OIL WILL RISE...
THE FED SHILLS CAN ONLY HOLD THE SITUATION IN CHECK FOR A FEW DAYS AFTER THE FED ANNOUNCES A BIG SHIFT IN POLICY AS HAPPEN THIS WEEK...WITH THE NEW "FED PLEDGE" TO SAVE THE STOCK BUBBLE AT ANY COST...EVEN TO THE POINT OF TRASHING THE DOLLAR!!
THE FED WILL LIKELY BRING THE FED FUNDS BACK DOWN TO 1% ALA THE GREENSPAN DAZE....BECAUSE ONLY NEAR "FREE MONEY" WILL SAVE THE US BANKS...
WE COULD SEE RATE CUTS EXTENDING INTO THE SUMMER OF 08....!! JUST IN TIME FOR THE ELECTION OF ANOTHER REPUBLICAN IN THE WHITE HOUSE...!