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Non-Tech : General Electric (GE)

GE 298.45

+0.6%

Nov 28 9:30 AM EST

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To: Dennis who wrote (1817)	3/29/2001 1:57:12 AM
From: TobagoJack	Read Replies (1) of 3256

<<DON'T FIGHT THE FED>> Why not? No one ever said one ought to fight financial gravity instead. If the Bank of England can be taken down by one hedge fund and its friends, and Bank of Japan can be taken down by one bubble, why not the FED? Admittedly harder, but no law against it. BoJ can drop rate to zero, and Japan withstood the pain. Can the maestro do the same in the US? Answer is no, and therefore DJIA, SPX and QQQ will be humbled by bubble economics, GE along for the ride with the rest of the flotsam. Chugs, Jay

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