Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: bearshark who wrote (17126)	4/23/1998 1:49:00 PM
From: Tommaso	Read Replies (1) of 94695

The trouble with "three steps and a stumble" is that there have not been any steps at all for an awfully long time. Maybe one step will be enough. The Fed ought to have raised margin rates at least a little if they really ever wanted to show firmness about excess in the markets. (That's one of the possible "steps", at least in the Fosback Stock Market Logic schema.)

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