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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: baddtiming who wrote (48101)	2/27/2001 2:23:17 PM
From: moufassa7	Read Replies (2) \| Respond to of 57584

I don't think AG likes Angel trying to make guru status at AG's expense. I think he'll inflict a little pain into Bear Stearns brokers who loaded clients long yesterday. I say no rate cut today or tomorrow. Just my guess. Glad I dumped my longs at yesterday's close.

To: baddtiming who wrote (48101)	2/27/2001 2:25:42 PM
From: Mark Konrad	Respond to of 57584

Thanks, BT, but it wouldn't be me that would be "right." Any level of technical analysis from the simplest "bonehead" to the most intense is only an attempt to read what the market is already telling us and to use that to plan accordingly. But I know what you mean...I like all three of your reversal picks and I hope I'm right, too!--MK--

To: baddtiming who wrote (48101)	2/27/2001 2:28:44 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

greenspan hates to be predictable and all the media guesses that he will cut may mean that he won't Good point, BadTiming. There is still Human Factor to account for in all this. And he may even be embarrassed by so many traders buying shares by the millions just minutes before the surprise rate cut of January 2nd. So he may be gunshy about allowing the same thing to happen. I've got to tell you. . . . when a private corporation runs your country's economy, such as the Federal Reserve System, which is considered to be primarily owned by the world's largest banking and brokerage institutions, does in the U.S. . . . . . it is quite hard to imagine there NOT being a leak in the actions they take. But as I understand the mandate of the SEC [created to restore investor hope in stock valuations by putting up a wall of little regulations which would make the Wizard of Oz envious], such collusion would be beyond their scope. . . . so aside from abolishing the FED, there really is little that can be done about it. But that is a subject that is best left as a secret. Rande Is