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

To: Dealer who wrote (25795)	12/18/2000 9:30:34 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 65232

I read the high profile layoffs differently Greenpuss is likely to conclude that the medicine is working this is where his age and sterile environment and incompetent cohorts and faulty perceptions and incongruent goals will hurt THEY WANT MORE UNEMPLOYMENT layoffs cheer them on they have decried the low inflationary 4.0% unemploymt rate for months and months this layoff news is good in their eyes it reduces the pressure of inflation, the scourge of our age Peter Nulty operates under the wrong premises Greenmerde wants to see more layoffs, many more Greensmudge is very slow to action, wanting to see much more evidence with another 1,000,000 such layoffs, and some focused retraining, the growth sectors can hire without wage pressures and unemploymt will get back to historical 4.5% levels I believe that is their goal no rate cut, maybe not until a financial market panic these Fed Govs are truly inept wait until you hear their conclusions tomorrow utterly inept / jim