If true then eyes on monthly chart, so far it is not bullish, what people say, no matter who they are, only matters when longer term charts are in agreement. If credit crunch is near the end of its cycle then we will see it in monthly charts.
Paulson has a poor grasp of economics, he is a useless politician, and he is a confirmed liar. Nothing he says should be given the slightest bit of credibility.
What a great campaign promise.......... "if elected, I will select my cabinet from the boards of Ellite Trader."
As I said...... Worst of Credit Crunch Yet to Come, Nucor Chief Says http://www.bloomberg.com/apps/news?pid=20601103&sid=awfJrYAkXD2g&refer=us
The US government is using the idea that Paulson is giving them some credibility because of his past employment.... Paulson is just a mouthpiece of the Bush Oil Administration.....he just says whatever they tell him to say..... He took the job because of the tax breaks ......equaling many millions....while also thinking about the increases he gets when he goes back to GS.....or another large bank....just a stepping stone....