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Strategies & Market Trends : Trader J's Inner Circle
NVDA 188.62-0.3%Dec 24 12:59 PM EST

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To: ajtj99 who wrote (43540)5/25/2001 7:11:39 PM
From: LTK007  Read Replies (1) of 56535
 
excellent dig aj--i bold face the last bit<<There's one more thing you need to know. What the Fed is doing is in direct contradiction of the way free markets are supposed to work, probably contrary to the charter of the Fed - and definitely very dangerous.

You probably only care about the dangerous part, so here it is.

Stocks are still very high priced. And the impact of Fed rate cuts is negligible.

If Greenspan's attempts to re-create the bubble fail - or even become too transparent - the integrity of our entire monetary system could come into question.

You might want to keep your fingers crossed that this works.


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