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

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To: Hawkmoon who wrote (88832)3/19/2001 12:33:06 PM
From: Roebear  Read Replies (1) of 95453
 
Ron Reece,
I've got a question for you which is related to the spirit if not the letter of your recent posts.

Somewhere in the last few days I ran across a statement that is loosely quoted in the following paragraph and I'm real sorry I didn't save a link to it, so I'm going to ask your help in verifying it, as I have no idea. Perhaps you, Tommaso or patron can tell me if this is correct:

"The only time a third Fed rate cut did not prevent a further drop in the markets was during the Great Depression"

Truth or Consequences??

Best Regards,

Roebear
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