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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (54863)6/21/2000 7:20:00 PM
From: UnBelievable  Read Replies (1) | Respond to of 99985
 
How Do You Ensure That People Don't Sell Their Stock

and deposit the money in better yielding investments once they realize that they are waiting for their stock to grow into the now stagnant valuations.

Particularly after the first person realizes it and withdraws her money, and the next, and so on. Before you know it one day everyone else realizes that the longer they stay the greater the probability that they will have to turn off the lights.

You stop the advance of bubbles instead and allow the economy to grow into the now stagnant valuations.



To: Wayners who wrote (54863)6/21/2000 11:26:00 PM
From: Tunica Albuginea  Read Replies (2) | Respond to of 99985
 
Wayne Van Scoyoc : "You stop the advance of bubbles instead
and allow the economy to grow into the now stagnant
valuations. "


Will you need Miracle-Gro to grow into the now
stagnant valuations
or do you
think we can do at Mother Nature's natural speed?

-gg-

TA


Message #54863 from Wayne Van Scoyoc at Jun 21, 2000 7:02 PM ET
wrongly believing that anecdotal evidence is what macro economic policy should be based on...
on the other hand he can't very well rely on the government data , can he?

You don't believe the government data and you don't believe the anecdotal data. What do you believe in? Heinz's World. Check your U.S. Government Textbooks. You will see that the Federal Reserve does not run the Bureau of Labor Statitistics or the Department of Commerce. You don't kill bubbles anyways thats the stupid approach learned by the Fed in 1929 to 1932....and who's policy will not be repeated. You stop the advance of bubbles instead and allow the economy to grow into the now stagnant valuations.



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