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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (43122)	1/4/2001 8:35:21 PM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Heh, he never sends me anything but an invite to buy him drinks at John Bull's; a bar in West Palm Beach. They say you can not pick your family but you can pick your friends. With my luck picking my nose is a better option. Speaking of which...... No, not the nose, Speaking of which, Our buddy Vance has a similar view..... #reply-15124772 I can't believe the market responded as it did yesterday since none of the problems associated with its collapse were resolved with a rate decline that will take 9 or months to filter back into the economy. Just goes to show how the lemmings are sometimes led off the cliffs. <GGG> Now what AV misses out on is the fact that the market had no sellers on the way up. That is why it "responded as it did". The rest of his reasoning is viable. This rate cut does nothing near term, except assuage the sensitivity of the narrow-minded who think that this is the silver bullet. There is no silver bullet. All AG did is give us another spike to Sell into.