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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (5847)10/16/1998 9:43:00 AM
From: greg welch  Read Replies (2) of 18928
 
Tom,
Hope this doesn't backfire on us. The FED lowered rates for a reason, somehow I'm not so sure I totally believe their PUBLISHED reason.

I think it will be some time until we really find out what they know. We have already heard about one hedge fund going down the tubes - "LONG TERM CAPITAL MANAGEMENT". Who/what else is out there that is now in trouble and needing the FED's help???

Greg
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