Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: BelowTheCrowd who wrote (14648)	10/16/1998 6:28:00 PM
From: Eric Klein	Read Replies (1) of 18691

To me also this looks like a panic move. It just seems out of character. The only real reason to lower rates so quickly after the last lowering is to give the stock and bond markets a quick shot of adrenaline. Why isn't he worried about "irrational exuberance"? What could possibly have spooked him?

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