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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Lee Lichterman III who wrote (17563)9/3/2001 1:53:48 PM
From: Captain Jack  Read Replies (3) of 52237
 
WRONG-- he had the bubble burst! There were indications the economy was slowing. So he throws in a 3/4 point anchor to weigh it down hard and fast. He did what was required a bit late to assist Gore-- then came in strong. The nas at 5K-- if not senility why did it run so far so fast without AG intevention? Instead of admitting an error and fixing it he waits until it is beyond his help. No matter what some think-- he is an old man not a financial god,, mistakes are expected and acceptable if repaired and admitted. Instead, the ego and belief that he is able to fix everything,,, LOL! Ever since Rubin left AG has been showing his weaknesses.. everyone has them but few are held above the role of human. However, being 100% bonds will offset history,,, it will say he knew what to do but his inept attempt at timing the rate moves indicated his dimenished mental capability late in life!
As Lee states... there are companies that move up every day--- If the fed is going to delate bubbles they should do so very early-------- and with finess... like AG used to be capable of doing. Members of the FED now admit they do not know why the economy has not yet began to turn,,, LOL! AGs torpedo put one hell of a hole in the boat. More than one small (5% gpd) compartment has been flooded.
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