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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (65812)	1/4/2001 10:40:04 AM
From: put2rich	Respond to of 99985

Haim <<The sad point is that WS is just messing people lives and savings. Just a day ago every WS analyst was so bearish on tech stocks and downgraded every tech stock around or recommended to sell. ...... and guess what they are still above the law. Thieves and Swindlers>> You are correct. What is a cruel world of WS in the last 2-3 years. And I think GS is very irrational in pumping last year and overshooting it down last Fall, and slow in response in December. Thanks,

To: Haim R. Branisteanu who wrote (65812)	1/4/2001 5:39:48 PM
From: Yorikke	Read Replies (1) \| Respond to of 99985

Robert Reich, ex Sec. of Labor, just commented that he believes the news from yesterday was not the 1/2 point cut but that JW has not struck a deal with AG. (A 'deal' with Clinton giving us the eight year up move.) He continues saying that JW still wants his tax cuts and may feel better with a harder landing as it gives him time to play the hero, not to mention his unwillingness to continue to let AG drive the economic car unassisted. I believe you mentioned that the cut, coming during JW's economic seminar, might have been AG's gift to sour the tax cut concepts. (And let everybody know who is in charge.) Reich believes that without an agreement between them, AG will go about his business of rate reductions at a much slower pace, hastening a harder landing, and possibly a market 'crash'. Fed Res politics seem to be a more and more important aspect of the analysis.