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To: Lucretius who wrote (201915)	11/3/2002 6:59:21 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 436258

You can't even read a simply put together English sentence? I said "No there is nothing that will "heal" the basic capacity excess in the worldwide economy they can do right now, but to get demand to very slowly inch up (which it is)." (#reply-18189567), but you just started to hurl insults, what for? There few other parts in my argument suggesting raising rates is the rational thing to do here, but it will be over your head (my turn to hurl a mild insult, if you can dish it, be a "mensch" and take it (LOL, LMAO and G is that the right order?). Oh yes, the post rate hike rally, yes, I think after a first shock and 250/350 Dow swoon down it will go up sharply after that, that does not mean it will have an impact on the length of time the economy will require to reestablish balance between demand and excess capacity (including excess capacity in Gold right here). Nor does it mean that such a rally will have long term sustenance.Whether such an initial bump would sustained and continued depends on too many other factors, not just rates, but liquidity as well as when the market "smells" the next economic downturn coming. Zeev

To: Lucretius who wrote (201915)	11/3/2002 8:04:46 PM
From: At_The_Ask	Respond to of 436258

i'm not claiming you are wrong, i'm TELLING you ROFL air hed wasn't suggesting that.. he thnks a hike will cause a rally and solve all our problems because it will change psychology suddenly in the market. ie- the market, like a bunch of retards, will suddenly believe that everything must actually be OK cause the brainiacs down at the fed are rasing... and the consumer will shrug his shoulders too and say "gee, the fed must think the economy is strengthening.. i'll go spend that money i don't have then cause the fed, well, they "know stuff" Major ROFL You Rock--ng Your detractors are all lost souls with no sense of humor.<g> All good arguments, not to mention the fact that the only reason to buy real estate now is the low rates. It's precedented consensus that the first rate increase and the RE party is over. A tightening would drive a stake through the heart of housing market which is the only thing holding up the economy now.<ng>