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


To: Grandk who wrote (25811)12/18/2000 10:44:26 PM
From: Jim Willie CB  Respond to of 65232
 
if Feds reassure that they will be responsive, and Naz runs
then I sell my positions soon after, then go short the QQQ

since one can interpret their words to mean...

"IT A FINANCIAL PANIC OCCURS, OR IF ECONOMY SHIFTS INTO REVERSE, WE WILL LOWER RATES AN IOTA, WHICH WILL BE HORRIBLY INADEQUATE"

only thing worse than no parents at home when the kids kill each other
is parents allowing them to cut each other to pieces before they step in
<ggg>

ah, the illusion of stewardship and resposibility

one MUST be aware of the Fed's anti-inflationary agenda:
slow the economy, raise unemploymt, eliminate casino

last time they attacdked the inflation ghost, we got worldwide deflation with its insidious panic
we can only hope the Fed has learned from their mistakes
I see no evidence except occasional wisdom in speech, not action
/ JW