All Clowns Must Be Destroyed Message Board

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Pastimes : All Clowns Must Be Destroyed

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To: pater tenebrarum who wrote (35471)	5/24/2000 10:46:00 PM
From: LLCF	Read Replies (1) of 42523

<S&P is actually higher NOW than it was when the Fed's tightenings began. this is rather remarkable. as the election draws nearer the market will begin to anticipate lubrication by the Fed...tight money is not part of Al's vocabulary after all. he raises rates, but keeps printing. only a decline in the dollar plus additional evidence of rising inflationary pressures (and thus a less print-happy Al) can shove this thing over the cliff i fear...> I hear what you are saying... and you are probably right, I just keep thinking that now that the process has started it should move along relentlessly... sometimes I'm too rational, but for me to assume a summer rally or to ride ANY rally long makes no sense. I'll sit out the rallies for a couple years. DAK DAK

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