Confusion Reigns AND A SPECULATIVE PLAY

People are not certain what is going on in the world. When things get that way, know where you stand in the matter.

What I'm more concerned about is our perception of the Fed as savior. Last time I checked, the Fed isn't mentioned in the Bible. We had a Moses and we had a God. There was Jesus and there was Mohammed, but we never had the Fed. The benevolent Fed.

What is the Fed's role? The Fed could be seen as the head of a private banking monopoly of the largest banks which would mean they would like to see the failure of their competitors which means that rates will stay the same.

The Fed's role is to take tacit orders from government to keep things pumping along. In that case rates will be lowered. But they weren't, at least not soon enough. So I'm leaning towards the first idea so far.

Another idea is that the Fed's role is too maintain control of inflation/deflation. Ironically, both are running rampant right now. Commodities up and products down. Stability would dictate that things wouldn't be going to such extremes.

And finally, the Fed's role is to maintain US Dollar stability. Well, has anyone gone overseas lately?

I'm still leaning towards the first notion.

If that is the case SHORT T-NOTES!!!!!!!!!!!!!!!!!!!!!!!!!!
BUY SEPT 88 P AT .05-.10