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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Louis V. Lambrecht who wrote (76708)	6/26/2003 4:07:38 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 209892

Louis is a matter for sentiment not of facts. That is why I puled out in May. The problem is that instead of only regulating interest rates and money supply the FED should also give guidance to prices of assets as they did more recently regarding commodities - e.g. NG prices. For some reason they do not and this is wrong. Inflation is also in financial assets. (I think AG was shut off in 1996 with his famous exchuberance speech .... were was the SPX then and the average P/E ?)