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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: James F. Hopkins who wrote (64691)12/19/2000 8:12:25 PM
From: Haim R. Branisteanu  Read Replies (2) of 99985
 
James I think AG is the worst CB ever, he is to chicken and his gradualism always comes to late and to little.

I think he failed to warn about the bubble in the first place and continued to pump money as there was no tomorrow due to fear of 2k or the pretense of.

He got en-armored with the "New Economy" BS and productivity gains which were mostly bogus and now the stock market got him and his fellows bankers with his pants down.

He should have gone neutral in October and ease in November 1/4 point and now the second.

Haim
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