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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: pater tenebrarum who wrote (35790)12/22/1999 4:53:00 PM
From: Yogizuna  Read Replies (1) of 99985
 
Yes, I did not mean to imply that they do it now, as it is already most probably way too late and all they should do at this point is "stand by" and raise rates slowly but surely in relatively tiny increments as they deem necessary.
My anger is in them letting it get to this point in the first place! They had enough evidence in my opinion over two years ago that things were getting out of hand, yet they even lowered rates!!! To me, that was something like the captain of the "Titanic" ignoring safety concerns, and going full speed ahead on all cylinders, and damn the icebergs! Yogi
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