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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (5361)10/3/2000 9:25:56 PM
From: Jill  Respond to of 65232
 
You might be right, Jim.



To: Jim Willie CB who wrote (5361)10/3/2000 9:51:52 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Hey Jim,

Why don't you say what you really mean? <gg>

Ö¿Ö



To: Jim Willie CB who wrote (5361)10/3/2000 9:58:22 PM
From: stomper  Read Replies (1) | Respond to of 65232
 
If I ever see Greenspan on the Mall I'm gonna bitch slap that brain on a spine.

Oh yeah, don't forget the Fed is a private entity.

-dave



To: Jim Willie CB who wrote (5361)10/3/2000 9:59:14 PM
From: Hobie1Kenobe  Read Replies (1) | Respond to of 65232
 
Jim,
Not making a political statement here, but it would be the height of irony if Bush beats Gore as the economy slips into a recession, just as Clinton beat Bush under a similar scenario in 1990.
Thoroughly disgusted with the FED's power to destroy wealth at their discretion.
JF3



To: Jim Willie CB who wrote (5361)10/3/2000 10:51:39 PM
From: Voltaire  Read Replies (2) | Respond to of 65232
 
Could be the first step in my opinion of EVERYTHING NOT BEING EQUAL WITH FED. If that is true, we would have a big problem. I know everyone thinks I am just a Pollyanna when it comes to the markets. I am, ONLY AND ONLY IF, everything is equal with the Fed. MEANING as I have said many many times, THAT - the Fed is just as interested in Growth as they are in curbing Inflation. If you are correct then this just might be changing.

I still feel this is not the case yet. I THINK THE PROOF WILL COME TOMORROW WHEN THE HOUSES ANSWER BY TAKING MARKETS UP.

If they do not by the end of the week, I will be shocked.

Voltaire



To: Jim Willie CB who wrote (5361)10/4/2000 12:15:11 AM
From: freeus  Respond to of 65232
 
Exactly
It's been obvious for several months that Greenspan actually wants people OUT OF WORK!!!! Does he know what that means to individuals? The fear, gloom, family arguments, psychological and financial damage?????
This slant of "it's good when things are bad for people" is disgusting.
And a managed economy leads to poverty.
But there is no where else to go, this was the biggest experiment in freedom and a free market ever.
Freeus



To: Jim Willie CB who wrote (5361)10/4/2000 2:34:53 AM
From: jmac  Read Replies (1) | Respond to of 65232
 
it is clear to me that the Fed wishes our economy to move into recession. Because no matter how slow the growth, there will always be a tight labor market and that is what they are keying off of. It hasn't been inflation, it has been a "poor pool of available skilled workers." Well, where do they think they are goingto come from. Slower growth won't create people.

They got it wrong and they are taking our economy down with them.

Watch for stregnth in the euro and yen, thus causing inflation. Hence recession and inflation on the horizen.



To: Jim Willie CB who wrote (5361)10/4/2000 5:53:40 AM
From: bela_ghoulashi  Read Replies (1) | Respond to of 65232
 
A brief comment from the Yahoo txbanker club:

Re: I can't believe the action today was
rckolon
(50/M) 10/3/00 8:34 pm
<<What was the average person expecting to drive the prices down based on a fed move that was absolutely and widely known. This is nuts.>>

It's not just what is expected, but what the market thinks is needed.

I think the fund managers are scared of "October" with a hostile Fed. They often buy in unison on expected news. There is safety in numbers. But the news was effectively the worst case scenario. The Fed made a big mistake not sounding neutral. Fund managers are not "brave". The Fed just screwed October with their insensitivity, and increased the likelihood of a real panic.

Interest rates have been trending down for months. The Fed did not follow the free market lead. The stock market thinks the Fed is wrong.

Rich



To: Jim Willie CB who wrote (5361)10/4/2000 6:44:36 AM
From: pinhi  Respond to of 65232
 
Jim, great post. Totally agree.

Pinhi



To: Jim Willie CB who wrote (5361)10/4/2000 8:35:33 AM
From: Ex-INTCfan  Respond to of 65232
 
JW -- That should be named "post of the month."

INTCfan



To: Jim Willie CB who wrote (5361)10/4/2000 8:48:54 AM
From: LTK007  Read Replies (1) | Respond to of 65232
 
just the typical hostility of human beings when things are not going their way.
Boom and Bust is the nature of Market Dynamics,and seeking out scapegoats is just emotional belchings of a spoiled rotten greed population.
i can see why AG has bodyguards.max