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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (28978)1/31/2002 3:42:10 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 52237
 
PPT out in full effect today..Paul, lemme ask you something
with yesterday's candles HUI.X and XAU.X and all the little goldies running with the market WUZZUP?



To: Paul Shread who wrote (28978)1/31/2002 4:26:30 PM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Paul. Hard to put a number on it. But sure of one thing.

It's easy to get the market higher by debasing the currency

One of the little known facts about the hyperinflation in Germany during the early 1920s is their stock market went through the roof, parallel to the huge run in gold and commodities vs the collapse of their currency.

Don't see anything so drastic for us Germany had to make WWI reparations denominated in currencies other than their own.

But, the pumpster has trapped himself in this futile control freak pattern of overstimulating the up phase of the economic cycle, then slaming on the breaks harder each time we overheated.

If there was ever an example of overuse of monetary policy, this Fed is it!!!.

After watching market response to Fed decisions, during the past year, noticed it fairly quickly stopped responding to the rate cuts themselves. But immediately took off, a few days later, as soon as he pulls out the glue bong.<g>

That's the whole ballgame. It's the old W.S. saying in spades: "Money makes the mare run".

Isopatch