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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: Bid Buster who wrote (30589)	7/11/2001 12:39:30 PM
From: Electric	Read Replies (2) \| Respond to of 37746

Well instead of being sarcastic, let me ask you..how do you fight a weakened global economy when the dollar is so strong versus other currencies, do what they did in the 20's and not care, then have a global meltdown? You are acting like the idiots that are in charge now..lets wait it out and everything will be fine. There are only so many things one can do to stimulate or control economic activity, one of them is controlling interest rates. What makes you think that lowering rates will cause this problem you are talking about? We arent Asia where margin controls were not in place, so "printing more money from the presses" will do just what we need it to, stimulate demand in the short term. My point is that things are worse outside our borders and we arent even talking about it, but the market will deal with it..now or in 6 months when the GE/HON merger is done and the talking idiots have to discuss somthing. I would rather be PRO active rather than inflation hawkish and be reactive. Or we can do what you say, raise our shields and hope for the best? I would love to hear your resolution that doesnt involve the market going to zero or us not concerning ourselves with other markets.. I am sure others are interested too.