VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Voltaire who wrote (34139)	3/20/2001 1:37:55 PM
From: stockman_scott	Read Replies (3) of 65232

V: I posted the O'Reilly editorial out on 'the Clown Thread'.... Of course they got upset... Message 15533176 Have you seen the quality of some of the posts over there? I don't want to stereotype because there are some cool folks there...most of the time I lurq BUT I wanted to stimulate a little discussion. Why are the Bears upset that someone wants to really question Greenspeak's actions? IMO, its because of his actions that they have enjoyed this HUGE WINDOW OF OPPORTUNITY...we would have had a correction but nothing like what we have experienced IF the FED had acted more responsibly...There was no need to raise interest rates 6 consecutive times and then wait SO LONG to try to correct the impact of those actions....The Bears can be cocky BUT one of these days they'll get burned again -- Cajun Style...JMHO. The Houses will not fight the FED but who knows how the Street will respond to today's cut...The Forward Guidance from the FED may be key. Good luck with your flying...=) Best Regards, Scott

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