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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (1384)	2/27/2001 8:56:49 PM
From: Michael Watkins	Read Replies (2) \| Respond to of 12411

From another thread: Explosive growth in monetary supply points to rising equity prices: bankcreditanalyst.com Rather than take any comfort from the rise in M2 (Fed coming to the rescue thinking), it may be simpler to wait until M2 decreases sharply, since that 'should' indicate the worst is over. Put another way, as long as it is rapidly increasing, someone in Washington fears something big. That kind of thinking puts "don't fight the Fed" into a new and perhaps more useful light! Bottom line - lets not try to be heroes and buy a bottom before there actually is one. And yah, I bought 1223 but like I said, no conviction and long since cleared that one out. ottographs.com Tick tock, so close...