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Politics : Ask Michael Burke

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To: Cynic 2005 who wrote (50236)3/6/1999 8:24:00 PM
From: Earlie  Read Replies (4) of 132070
 
MMV and gang:
What do you suppose would happen if Sir Alan reached over and turned the "liquidity" tap counter clockwise about a half a turn? Worse, what if he turned it all the way off and then started a vacuum pump to pull part of that "liquidity" back out of the system? Would this slow the market? Would the "Bond Boyz" be a bit worried? Would the maniacs in the market even notice until it was a bit too late? The reality is that this is what appears to be occurring. More details later, but it's worth being aware of as we slide into Monday.

Best, Earlie
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