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Strategies & Market Trends : Three Amigos Stock Thread

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To: Redhead who wrote (8295)	9/2/1998 6:18:00 PM
From: Sergio H	Read Replies (1) of 29382

Ken's post was very good. Take his answer and apply it to not only individuals, but also to businesses. Loosening of credit would cause our industries to get ahead of themselves, to expand too quickly, overheat and burn out. On the other hand, credit tightening would put our goods further out of reach in the global markets. Looks like the Fed has done a great job to get us where we are, but the problems around the world take us out of the driver's seat. What choise does Greenspan have now but to stay on course ? Clues to what the future brings will come from watching developments in the European Common Market, particularly Germany and how Japan manages to fight its credit problems. Red, I agree with your FISP. We're not out of the woods until the daily nervousness expressed in the daily volatility is gone from the market. In the meantime, market conditions are daytrader heaven, for anyone interested or so inclined. Sergio

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