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


To: Boplicity who wrote (25155)12/14/2000 6:59:10 PM
From: Si_Detective  Read Replies (1) | Respond to of 65232
 
"People are getting laid off, new economy is gone, dreams are going out the window, the rest of the world is slowing down, and it's seems magical to the bulk of the populous."
Fed wants to make sure 5% of the workforce is without work. Strange, isn't it?!



To: Boplicity who wrote (25155)12/14/2000 7:00:11 PM
From: Jill  Read Replies (1) | Respond to of 65232
 
The fed is a world dictatorship.
Why do they always like to create recessions?
I'm cynical and think its for the power when they overdo it, because then they are noticed and needed.
He's too smart not to know the cumulative effect of those hikes one after another.



To: Boplicity who wrote (25155)12/14/2000 7:05:26 PM
From: Dealer  Read Replies (2) | Respond to of 65232
 
Delete--I withdraw that statement. dealie



To: Boplicity who wrote (25155)12/14/2000 7:06:45 PM
From: McNabb Brothers  Read Replies (1) | Respond to of 65232
 
They will lower them next week by a 1/4 point! Could they lower them by a 1/2 point? >VBG<

Hank



To: Boplicity who wrote (25155)12/14/2000 7:35:11 PM
From: pinhi  Respond to of 65232
 
I agree Greg. I have felt for years that we need to abolish the Fed. Let the market set rates as it is doing now. Fed only can effectively control short term rates any way.

Pinhi



To: Boplicity who wrote (25155)12/14/2000 8:57:19 PM
From: Venkie  Read Replies (1) | Respond to of 65232
 
Greg
I am so bummed out about what the feds hv done.The new economy is hanging by a thread and people are loosing their life savings..If your just a mom and pop investor and not a pro then it could be devastating..This will cause a mess. My mom/law owns wcom..Lu..Dell and T...she is freaked out. I am ready to throw in the towel but every time I do then I regret it.