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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Joan Osland Graffius who wrote (69851)10/31/1999 11:51:00 AM
From: Knighty Tin  Read Replies (3) | Respond to of 132070
 
Joan, The bulls will give up quickly, IMHO. They were dead last summer and the moaning and groaning on SI was very loud. Then AG got reckless and bailed them out. The AG buddies got the early word and pushed up stocks to high levels and then the herd came back closer to the top than the bottom. This time I don't see where the Fed has any ammo left. The dollar is simply too fragile.