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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: limtex who wrote (17634)11/18/2000 11:49:32 AM
From: Voltaire  Read Replies (2) of 65232
 
You are going to see a lot of things stop this week. In a capsule - people must realize the Fed needs the Houses, hell, the country has been at the financial mercy of the Houses since J.P. Morgan. This is one reason they can get away with so much. It was the Houses that bailed the Fed. out of the Long Term Capital Management debacle.

Basically with everything being equal, they are our friends in the market.

Once we get this Short Term problem out of the way I am convinced we get a POST THANKSGIVING run to Jan.

vster
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