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Posted By: Fred C

Lets see, the market was up over 400 points on a day that interest rates were cut by 3/4% (not small by any means) and the stock market took off (like it usually does when rates are cut), the next day the market dumps about 300 points (DJ). Gee, I wonder if there's some correlation there?

Look at it this way, if the US govt gets into bailing out the bad mortgages then everyone that is responsible gets to pay for the irresponsibilities of others. Thats just BS and the BS doesn't refer to Bear Stearns. Maybe a big steamy pile of Bear S.