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To: Dwight E. Karlsen who wrote (43911)5/27/1998 3:56:00 AM
From: Gersh Avery  Read Replies (1) | Respond to of 58727
 
Re:"What specific Fed action were you looking for?"

Adding or draining liquidity from/to the banking system.

The current market is a liquidity driven creature... no money .. no go up.

The current fall will probably be brought to an end when the Fed adds liquidity.

Gersh