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To: stomper who wrote (121273)9/12/2001 4:10:43 PM
From: Lucretius  Respond to of 436258
 
it won't matter... there will be rallies (europe bounced today don't forget but did not take back its losses from yesterday)

you cannot "liquidity-away" the facts.. facts are facts... sometimes thsoe facts are not happy facts. but sticking your head in the sand will not make them go away.

if we had never had this mania, we would not be in this position now. it sickens me that al.com and the idiots down at the fed that allowed things to get to this point are going to skip the blame that they so readily deserve and this disaster is instead going to get the blame for the coming crash...



To: stomper who wrote (121273)9/12/2001 4:23:18 PM
From: Les H  Read Replies (1) | Respond to of 436258
 
they not only have stock market to prop, but cash needs at banks, support for govt bonds and corp bonds. the last three needs will probably require more of the liquidity. for cash, i presume there will be many calls for refunds from airline flights cancelled over the current term.


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