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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: ahhaha who wrote (2051)	4/18/2001 12:38:44 PM
From: ahhaha	Read Replies (1) \| Respond to of 24758

The rate cut sucked a few institutions in to buy what is, in fact, bad news. Now others are not to sanguine about what it means. The economy was starting to recover and so it shouldn't have needed FED intervention. If FED is right, then this can't be good for stocks. If they're wrong, they can't afford to be pouring gasoline, because the fire will rage and they will lose control. The latter would create a rip roaring recession because FED would have to raise rates to slow the propensity to inflate. Modern economies can start inflating in two weeks due to rapid information dissemination in contrast to the past where it took at least three months to accomplish the same thing. This environment is too risky for stock investment. It only accommodates the best stock market operator. You will have to come to this place to play this game.