Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Skeet Shipman who wrote (49554)	12/5/2000 1:49:32 AM
From: PMG	Read Replies (2) of 94695

LOL ... and all because judges can't count;-) but if this reverse logic really applies we go down today. The only think that really confuses me is that MSDW says the market's heading in to problems (bullish?). "Clear thinking", however, should keep AG keep from removing his bias because if inflation is really on his agenda the anticipation of a rate cut would lower the $ further and thus a) spur inflation by higher import prices b) add growth via exports Further it would c) pump liquiditiy in a negative savings environment d) increase the bubble in the real estate market The difference to 1998 is that there is no officially recognized liquidity crisis so far that calls for LTCM-style emergency actions.

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