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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 689.46

-0.9%

Feb 3 4:00 PM EST

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To: Crimson Ghost who wrote (75920)	4/25/2001 9:11:11 AM
From: Haim R. Branisteanu	Read Replies (2) of 99985

George there is no question that the FED is targeting and timing the financial market. Those moves have short term effects and inflict a lot of damage to market participants. The only one who benefit from it are WS houses and those lucky to be on the right side and get out quickly. In the long run it damages the image of the US financial markets and more money will leave it which in the long run will hurt the strength of the US economy. As I stated for several years by now the FED under AG is counter productive and shields only their owners Banks and WS entities on the expense of market participants from all over the world. Such blatant manipulation only drives overseas investors away an will lower the dollar which in turn will increase stagflation the worst of all developments. Further the US is no Turkey, Argentina, Mexico or even Japan ........ to big to bail BWDIK Haim

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