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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 670.92+0.1%Nov 7 4:00 PM EST

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To: Haim R. Branisteanu who wrote (40498)2/17/2000 1:12:00 PM
From: HairBall  Read Replies (1) of 99985
 
Haim: The Federal Reserve is a privately owned centralized banking system sanctioned by the US government. It is operated as a business putting its OWN self-interest, first. Anyone that thinks or believes otherwise simple fits into the necessary belief pattern fostered so the majority of US citizens will continued to be deceived!

View the Fed in this context and it will be easier to discern its movements and understand the contrary policies.

I view the Bond and Equity markets as equally corrupt.

I will always owe a debt of gratitude to Richard Ney for the eye opener he gave me in the mid-eighties, before it was as obvious as it is today!

Regards,
LG
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