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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Stock Farmer who wrote (1992)2/20/2001 7:14:31 PM
From: patron_anejo_por_favor   of 74559
 
<<The holders of 10% of the paper coconut promises are screwed. But this is to be, regardless, so might as well get some warmth and entertainment from it.>>

The paper coconut promises, in addition to a fuel source, are also useful in patching leaky roofs, or so our friends in Russia learned last summer!

I suppose this is what the maestro means when he says the Fed seeks "flexibility" in its monetary policy!<G>
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