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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (47742)	4/5/2002 4:43:33 PM
From: sylvester80	Read Replies (1) \| Respond to of 99280

I could not agree more with the writer. I have been saying that now for quite a while. Do not expect any Fed moves till recovery is certain and well under way. In fact, if things worsen, I expect them to cut some more (down to 1%). JMHO.

To: Softechie who wrote (47742)	4/5/2002 5:06:34 PM
From: LTK007	Respond to of 99280

<POINT OF VIEW: Reasons Mount For Extended Fed Inaction> continued Fed inaction will improve nothing.They could drop interst rates to virtual zero as in Japan, and the results would be the same. The Fed view that it can solve the boom/bust scenario of past history by way of constant manipulation is finished, but it is TOO late. If they had just let the market place do it's thing, we would NOT have had the massive Bubble and this subsequent dreadful aftermath. But we did have the massive Bubble and we are NOW still in grip of the aftermath. When Greenspan bailed out LTC and OVERREACTED to the Asian Crisis, the seeds were sown for where we are now, and investors/traders will have to learn to live with it and adapt to it. Max