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Strategies & Market Trends : Sharck Soup

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To: Paul A who wrote (35632)	9/17/2001 11:59:36 PM
From: Merlo	Read Replies (2) of 37746

"Merlo- not quite sure how you reached the conclusion that Greenspan induced fear.. I couldnt disagree more.." The same way the Fed induced fear and panic in 1929. Study your history as it keeps repeating itself. The bubble should have been stopped a long time ago in the first term of the Clinton Administration. By waiting to long and then increasing rates to fast he induced the bursting of the bubble. Later on, when he should have been cutting by 1/2 points he gave us little 1/4 point cuts. History has proven that the Federal reserve had a hand in the 1929 crash that put millions of people out of work. It will also prove they had a hand in this one.

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