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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: tradermike_1999 who wrote (1411)12/14/2000 2:48:03 PM
From: Oblomov  Read Replies (2) | Respond to of 74559
 
>>the low abilities of Bush

I did not vote for Bush, but would you care to back up this assessment with some evidence? I would agree that Bush is not articulate, but articulation is but one ability, and is certainly not the only ability needed as a President, in my estimation. Harry Truman was regarded by the literati as low; Eisenhower was considered by the intellectuals of his day as a utilitarian cypher, hardly statesmanlike. Lincoln was much ridiculed as a bumbling hilljack. His gangly stature and shrieking voice did not deter the press from finding him risible.

Not appearing polished in the dominant medium of the day (in our case, television) apparently is, to some, a crime tantamount to treason.
Well, I suppose that Bush hasn't shown his ability- it isn't like he has done anything really difficult, like swing-trade stocks or write a stock newsletter.



To: tradermike_1999 who wrote (1411)12/14/2000 4:37:49 PM
From: Jay k.  Read Replies (1) | Respond to of 74559
 
tradermike, I just meant that the recession was an unknown. I'm not disputing the fact that there is a genuine slowdown. All numbers point to that.
As for being wrong on the Fed intervention.. I think we only need to look at the FED funds rate. They are currently being discounted with 2 fed cuts. I would much rather follow this indicator then any one person.. no matter how brilliant we may think they are.. regards. :)



To: tradermike_1999 who wrote (1411)12/14/2000 9:11:19 PM
From: Agamemnon  Read Replies (1) | Respond to of 74559
 
mike,
Maybe your thread is aptly named.
Have you noticed the 13WK TSY YLD NDX (WCB:^IRX) dropped on wed. but came back today. Interesting discussion on no clown thread about this (a data glitch or scared treasury bill buying?).