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To: MythMan who wrote (60803)9/8/1999 11:11:00 AM
From: Cynic 2005  Respond to of 86076
 
<<Why should reaction to BOE be any different than reaction to US rate hikes. >>
Because it was not telegraphed each day for 60 days prior to doing so. BTW, their action shows that they have balls and it also shows that BoE is still a lesser goof than US feds.



To: MythMan who wrote (60803)9/8/1999 11:22:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
MM, once again, there is nothing surprising about this...market participants know the Fed is worried about the bubble and correctly bank on it not daring to pop it - it's that simple.


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