Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Hawkmoon who wrote (88795)	3/19/2001 3:07:03 AM
From: patron_anejo_por_favor	Read Replies (1) of 95453

<<Very good scenario, but let's not forget that the Fed acted to tighten money supply after the '29 bubble burst and kept it tight>> Not true. The Fed cut aggressively beginning on November 1, 1929, and continuing well into 1931, with no lasting effect on the markets downward spiral (kind of like now): geocities.com As far as the SIPC goes, good luck ever trying to collect from them when money funds go bust: Message 14452719

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