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Politics : Ask Michael Burke
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To: valueminded who wrote (49369)3/1/1999 7:14:00 PM
From: Knighty Tin  Read Replies (2) of 132070
 
Chris, If this is a major rally, the bulls are in deep kimshee.

The Fed, of course, is adding reserves, but not fast enough to counter the debt burden of the corporations and individuals gambling on the market. Tens of billions cannot move this market of trillions. They need hundreds of billions. And those ain't available.

MB
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