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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling
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To: tradermike_1999 who wrote (4257)7/19/2001 3:02:24 AM
From: xaver17   of 6873
 
Tradermike, well written

to start with your last question, I never trusted Greenspan since his first "intraday" rate-cut. He shouldn't try to influence the stock market. That's hubris again. His course is really dangerous.

Higher rates in order to slow the economy work very well, but lower rates don't work half as good in the other direction. "You can give the cows water, but you can't force them to drink".

Xaver
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