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Strategies & Market Trends : Mu Gamma Lambda -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (5853)9/8/2001 5:58:55 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 10077
 
What's your theory then as to why he pumped so much liquidity in at he end of 1999? The only thing I can think of is that he figured he HAD to make sure that the financial system did not "freeze up" because of Y2K and he thought the results of a freeze would be disasterous. And he was willing to do it even seeing what it was doing to the stock markets.