Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Oeconomicus who wrote (17111)	1/20/1999 11:18:00 AM
From: Marconi	of 18691

Hello RD: The short term effect on the stock market would probably be positive, but the effect on interest rates would be negative (i.e. higher rates) Bingo! Long term shorters paradise. Fed buying top of the century equities higher while interest rates are pressured upwards. Consequences longer term--raised cost of investment and doing business, ergo, lower stock prices. Voila!! Surplus surpise deluxe, a la Fed creme de la creme of wackiness. Of course further congressional interventions would be needed to remedy the perversity of the market...whacko 2! We the people can manage better without them. Smacks of a centrally planned equities market. Soviet style. Very un-American and it cannot work with the efficiency, we the people already practice. Whoa! I'll step off my soap box now Best regards, m

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