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To: JRI who wrote (23198)11/29/2001 3:53:36 PM
From: NOW  Respond to of 209892
 
well the fed is winning this fight: I guess moral hazard can be pretty damn effective tool at least in dashing bearish thoughts...
now as to whether or not it will help the economy, nah, thats not in theri job description. This has all gone on for too long and is too ridiculous...



To: JRI who wrote (23198)11/29/2001 3:56:13 PM
From: Shack  Read Replies (2) | Respond to of 209892
 
Thanks JRI. I've learned not to ignore high sustained TRIN readings. They are one of two things: Mini-capitulatons, or a prelude to something very bad.

I'm still not sure which one this is.