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To: Mike Buckley who wrote (37515)1/4/2001 12:56:01 AM
From: BDR  Respond to of 54805
 
<<If I remember correctly, the Fed started raising rates in mid-year 1999.>>

bloomberg.com

For all those who have been saying that it is obvious that one shouldn't "fight the Fed", when would you have moved to cash?



To: Mike Buckley who wrote (37515)1/4/2001 1:37:36 AM
From: LindyBill  Read Replies (2) | Respond to of 54805
 
That is why I said "prepare", Mike. When we were at the San Diego meeting, it should have been obvious that we should have got out.

You and I stood up there and said we thought it was near a bubble stage, and we stayed in. Greenspan was going to crank the rate until tech broke, and we should have known it.