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To: CAtechTrader who wrote (20557)11/29/2000 2:29:55 PM
From: limtex  Read Replies (1) | Respond to of 65232
 
CAtech - where in the Fed's mandate is teaching investors a lesson? He was made to look ridiculous by the great NAZ performance and a man in his position can't afford to be amde to look ridiculous.

I'm sure they have a very comprehensive definition of the Feds responsibilities which could easily include reducing expectations of stock market gains as contribution to maintaining stable prices.

Best regards,

L