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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 26 4:00 PM EST

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To: pater tenebrarum who wrote (35574)	12/21/1999 12:38:00 PM
From: dclapp	Read Replies (2) of 99985

heinz, >> i really think it's just a vague fear on the part of the Fed regarding Y2K... My hunch is that it's not a "vague" fear, by any means. I can't believe we'd have this sea of liquidity if the Fed didn't have damn good reasons to believe that y2k is a great threat to the financial system. My guess is that Greenspan had to decide "which horn to be gored with" and chose the bubble, in the belief that it was lesser of two evils. We'll see... IMHO, doug

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