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To: yard_man who wrote (69353)10/16/1999 10:51:00 AM
From: TheStockFairy  Read Replies (1) | Respond to of 86076
 
If the fed is concerned about a Y2K panic, what do they have to gain by causing a panic 2 months earlier before the really big panic come Jan?

If what you are saying is true, then we can expect to sell at about 9500 ish to the end of the year than about 7000 next year. Not that I have a problem with that, I just can't see how that would be of benefit to anyone. If they had waited, we would have ended up trading around 9k after Jan.



To: yard_man who wrote (69353)10/17/1999 10:57:00 PM
From: Terry Whitman  Respond to of 86076
 
>What if the fed is really concerned about a possible Y2K panic (remember it may be a real problem for the rest of the world)?
If they were concerned and they wanted to add insurance -- in the way of liquidity -- what would they do first?<

Geez Tip- We're looking for answers here, not more questions. <g>
Your guess is as good as mine on the Fed's next move. With all their sabre rattling- they may not be wanting to raise again till January. Perhaps Y2K fears will cause them to hold off.

If they do hold off till then, the bond and dollar will not like it, IMO. Gold and commodities may be the place to be??

>Just a wild and crazy thought from the peanut gallery <
Shall we call you Steve Martin- you 'Wild and Crazy Guuuy' LOL