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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (80935)7/28/2001 9:32:48 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 99985
 
excellent article in InvBusDaily for Monday issue
guy made a fine point about how Fed would stimulate the economy into health much faster if

- hikes came over just a couple months quickly, not dragged out

- Fed announced "that was it for now", simple as that

point was that businesses are waiting until they are done lowering prices across the country, which is essentially what they are doing

any store that announced a gradual drop in price for six months would see zero business until month #7
good point, well made

he said THE ONLY THING TO FEAR IS THE FED ITSELF !<?b>
/ JW