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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Gersh Avery who wrote (233002)4/2/2003 6:02:13 PM
From: UnBelievable  Read Replies (2) of 436258
 
I Don't Think Its Being Driven By War News

Its being driven by the Fed following the same recipe they used to cook up the rally of March 17.

To wit.

Take one boatload of money and dump it on the market(which now can be verified for 3/17 on their M3 report which shows the rate of change in M3 as spiked to an annualized rate of 26% that week).

Mix well until bond prices start to melt.

Watch as the money from bonds enters equities

Prepare ahead of time - To prevent a decline in the dollar enlist the aid of a central banker friend who serves a country that is particularly concerned about the dollar being strong, and in fact has a lot of experience intervening in the FX markets (rhymes with Sushi and can be seen in their current account).

Intervene in the gold and oil futures markets as necessary.

This recipe usually will feed a bunch of pigs for about a week. Always a crowd please repeat as necessary.

This is comfort food. Served as a matter of national security in times of war and economic uncertainty.
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