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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: J. P. who wrote (14128)5/16/1999 10:34:00 PM
From: stockycd  Read Replies (1) of 99985
 
J.P.

For example, it's my pet theory that the Fed is under the thumb of Clinton to prop up the market no matter what the price.

You think?<g> But I also find it interesting that AG is one of two (the other being David Kessler, ex FDA) that Clinton did not appoint. Bush appointed both. Why would AG create policy to benefit Clinton? He did the right thing with the past two rate cuts. Our economy would be in recession right now if he had not done it. And anyway, he's 70 years old and could retire any time he wanted. Who knows...

Chris
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