yep, i'm holding shortsi had a good think about what the fed...

yep, i'm holding shorts

i had a good think about what the fed done last night, and, really, fantastic short term - absolutely brilliant.

But long term - very very baad. it'll feed inflation at a faster rate and send the price of oil up as well. i really hope it does not lead to an acute depression, but its the kind of move which has the potential to do so.

basically, there's now a whole lot more credit out there to be consumed. and credit is the very thing which has the market in trouble - go figure!!