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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: stockman_scott who wrote (36332)4/26/2001 2:30:17 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
the Fed will figure it out when it becomes painfully clear in the current data
they dont forecast anything well, I mean anything
their idea of forecasting is to wait for the current data to tell them where we stand
they raise rates until the economy slows
they cut rates until the econ grows
and inbetween they dont have one effing idea, period
but people seem to sway on their every ignorant word
not me, they are stupid
follow their track record for last seven years
it is pathetically wrong about 80-90% of time
/ jw
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