VOLTAIRE'S PORCH-MODERATED Message Board

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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Clappy who wrote (50864)	5/2/2002 5:01:01 PM
From: Jim Willie CB	Read Replies (2) of 65232

I think GreenSnob is all out of cards to play rates are too low money supply is too high dollar is too high deception was high, but not so much anymore all he can do is to don a skirt and dance his attempts to cheerlead last autumn have backfired he is reducing money supply now, right now this is a prelude to raising rates maybe in a few months I think even the Maestro of Inflation realizes that the game is up, and a correction now will be far less painful than a depression later either way, it will border on a depression but nobody will admit it they argued on definitions of recession, incl Volt why wont they argue on defns of depression? the speaker parade continued yday with Trez ONeill he reiterated the Strong Dollar Policy it will come down regardless, out of monumental supply tricks? I cannot think of any except Federal Reserve purchasing of S&P and QQQ baskets outright the game is up it is time to waver between muddle and recession with stocks languishing for several more quarters, minimum the excitement will come with gold though, and soon it will be seen AS THE GREAT ALTERNATIVE gonna take time though / jim

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