Any comments on the currect credit driven sell-off? Every company and person takes a risk when buying anything. Good value? too much $$$? appreciation? depreciation? The list of varibles is a long one. Those that choose to buy sub-prime (means not secured and not insured) loans, took their risk and lost. I don't want to bail these guys out. I didn't take the risk.

The Fed pumped another $17B into the capitol market today. Maybe that helps. However, I do not want to hear the term "bailout" coming from the fools on Capital Hill.

I doubt the current six day sell-off has had much of an effect on EDIG, but it certainly has wacked my blue chip portfolio. If it is just a small correction, fine. Probably justified. If this becomes a global "credit crunch," that will make for some very interesting days near term.

I wish I had stayed awake in those Economics classes way back when, but the global makets continue to follow suit:

http://biz.yahoo.com/ap/070816/world...

John