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To: Oblomov who wrote (27697)10/12/2000 7:37:16 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
that is what i was waiting for...the first sign of liquidity trap mechanics.

note, the liquidity support is probably powerless against an unwinding of the huge margin debt pile that is still towering over the market.

i'm very curious what the PPI/CPI lies will look like this time around...if headlines fall again due to "declining energy prices", the BLS will finally be completely discredited. similarly the CPI's shelter component's distance from reality will be telling...