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To: OLDTRADER who wrote (134062)6/23/1999 11:40:00 AM
From: Ian@SI  Read Replies (1) | Respond to of 176387
 
wbm

Would you concede that the fed has provided a "steadying" hand?

To me, that seems essential. The bond ghouls lurch drunkenly from point to point with each new announcement seemingly forgetting the total picture that has previously been presented.

Mr G. seems to bring a touch of reality back to the ghouls.
Perhaps mindless zombies reacting to the most recent stimulus is a better analogy.

Ian.