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To: Boplicity who wrote (10857)2/26/2001 4:25:26 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 13572
 
a man after my own heart: Abolish the Fed
a bunch of hacks who feed cocktails to a drunken party
and veer off the road on a vehicle already heading downhill
Prez Monroe knew it was a mistake
for the 45th time

yes Gregoire, let the techs find some stronger legs first

BuzWeek reports that inventories have worked down sizably
they expect at least 0.5% to be pared off the soon to be revised Q4 GDP
that will revise it to below 1.0% growth for Q4
could be scarey, signaling recession
could be promising, signaling end of bloated inventory

how is your inventory, Greg ?
it is located below the pectorals, and above the belt
if inventory is real big, the belt is lower than it should be
/ jw



To: Boplicity who wrote (10857)2/26/2001 4:30:08 PM
From: bowledover  Read Replies (1) | Respond to of 13572
 
Greg, I understand and agree about the potential for even more problems if they cut early and the market doesn't respond. And it does appear that would likely happen. On the other hand, no cut in the next week and probably the market heads for 1900 as you, I think, and others have suggested. Problem is, how much lower after that?

My impression is a lot of businessmen claim a need for a quick cut. Is this gratuitous or a real issue for them?

Re no Fed. etc., I don't think a Darwinian world is a civilized world and vice versa. :^ )

bowledover



To: Boplicity who wrote (10857)2/26/2001 9:24:52 PM
From: Kayaker  Respond to of 13572
 
"We believe the stock market is playing a dangerous game of reliance on the Fed and the Fed only as the sole reason to buy stocks," Belski continued.

cbs.marketwatch.com



To: Boplicity who wrote (10857)2/27/2001 12:28:38 PM
From: LLCF  Read Replies (3) | Respond to of 13572
 
<Think about it, the market continues down after the FED has reduced rates, would be a most damaging psychological blow right now.>

This is exactly what's been happening so far... remember, the fed cut rates agressively going into the great depression also.

dAK