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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 662.63+0.4%Nov 19 4:00 PM EST

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To: Les H who wrote (56328)7/10/2000 1:18:43 PM
From: Haim R. Branisteanu  Read Replies (1) of 99985
 
Les, no matter what John Crudele writes about FED or the BSL all efforts are to keep the bubble alive as long as they can.

IMHO Crudele misunderstands the FED they are NOW in the hands of WS as most banks are also in the money management and brokerage business and the regional FED's are elected by the regional banks who have a vested interest to keep the bubble going.

BWDIK
Haim
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