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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (12803)	8/3/2002 2:29:06 PM
From: Jorj X Mckie	Respond to of 17639

No shit.... Did you ever read the Carlos Casteneda books? It has been about 20 years since I read them, but there was one "take-away" bit of wisdom that I do remember. And that was "when encountering a threat of some sort, do something totally unexpected and out of character". I don't remember the exact threat that was used for an example, but the guy responded by standing on his head instead of fighting or fleeing. If the fed wants to defend the USD, they need to stand on their head. They need to do something that nobody expects. A start would be a rate hike instead of a cut. Or as I suggested yesterday, to effectively disband, let the free market work out interest rates. I ain't no expert on money policy, but encouraging more money borrowing through lower rates seems like the fed is loading the gun of a person who is dead set on suiciding.