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To: Tom Kearney who wrote (98295)4/1/2000 10:33:00 PM
From: Victor Lazlo  Respond to of 164684
 
<< when the Fed is done, we are back off to the races. Why? Because the economy is strong, productivity is exploding, >>

I agree Tom; I only wish someone could tell me when the Fed will be done! Nobody knows!

Reminds me of the Boy Scouts- we'd be out hiking with our full packs and keep getting told, the camp is "just over the next hill... " and then there was another hill after the next one!

But I don't think there will be a free-fall.
Victor



To: Tom Kearney who wrote (98295)4/2/2000 11:29:00 AM
From: H James Morris  Respond to of 164684
 
>I only worry about a total free fall. Could AG, Barrons and the ambulance chasing media cause that?
Ambulance chasing??
I call it social responsibility reporting. What's wrong with that?
I assume when the free press was trying to warn the west the Nazi's were murdering millions of Jews...you think that was ambulance chasing too.
Is any media that reports a difference of opinion to yours... an ambulance chaser?
>not too many Dr Koop or PeaPod touts here
Do you want bet?
Over 50 public .coms will file for bankruptcy in 2001, according to Forrester Research.



To: Tom Kearney who wrote (98295)4/2/2000 12:20:00 PM
From: Glenn D. Rudolph  Read Replies (2) | Respond to of 164684
 
The '29 crash did not cause the depression, the failing economy, due to a sharp contraction in
the money supply did.

Well, I'm blathering now. I'll stop.


Tom,

I do not believe you are blathering a bit. I have a lot to learn here and I suppose I could about it for a few days but I would rather ask. Was the Fed active then and raising rates or withdrawing liquidity in 1929? If so, was it simialr to how it is done today?