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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.68

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Nov 26 4:00 PM EST

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To: Jerry Olson who wrote (24101)	8/29/1999 3:00:00 PM
From: Kip518	Read Replies (2) of 99985

but i'm betting he will not raise again..3 steps and a stumble OJ, I wouldn't be too sure about that bet. If you recall AG's H-H testimony (time before last) he said, in effect, (I assume from his earlier experience) that the Fed can't stop a stock market bubble but it can keep a stock market crash from seriously hurting the economy. That may be just hubris, but a test may be in the making. (AG is god-like when he saves capitalism from it excesses -- ala 1987. I think he likes that role.) i don't think he wants to hurt the little guy who's just now begining to feel the wealth effect a bit Where did you get that fantasy? The fed is concerned about banks, not the "little guy." Forget that at your peril!

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