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

To: stockman_scott who wrote (26347)12/20/2000 3:31:34 PM
From: SecularBull  Read Replies (4) | Respond to of 65232
 
THIS.. IS LONDON. AT THE BOTTOM OF THE HOUR, WE HAVE A RALLY IN PROGRESS AFTER HEAVY FIRE BOMBING...



To: stockman_scott who wrote (26347)12/20/2000 3:34:06 PM
From: SecularBull  Read Replies (1) | Respond to of 65232
 
The Market is manic-depressive Scott. IF you lower rates, it rallies, and then everyone starts fretting about the Fed admitting that we must be headed into a recession.

In the end, given the situation, I think that yesterday's announcement (albeit very late in coming, imo), was the best way to handle the manic-depression...

LoF


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