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To: Moominoid who wrote (60248)1/22/2001 7:07:55 AM
From: Earlie  Respond to of 436258
 
David:

They came when authorities were worried that the balloon was blowing up. You think its different this time?

Best, Earlie



To: Moominoid who wrote (60248)1/22/2001 9:32:46 AM
From: LLCF  Read Replies (1) | Respond to of 436258
 
<The problem in the 30s was that the rate cuts came too late. >

If I remember correctly, they started cutting aggressively right after the stock market cratered, no? I've got a link around here somewhere.

DAK



To: Moominoid who wrote (60248)1/22/2001 9:50:37 AM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
David, that is a myth . The Fed acted very quickly services.elliottwave.com mike