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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: akidron who wrote (24338)	9/16/1998 2:14:00 PM
From: Gary Burton	Respond to of 70976

Afew comments from Richard Russell----"the Bear is doing his nasty job.What's his job? It's to move the stock market down while keeping as many people as possible IN the market. How does he do it? Periodic rallies that convince people that 'all is well'. Rallies that keep people wondering if 'we're really in a bear mkt'.Plus of course the usual bullish blather from media and wall street 'experts' who haven't a clue as to what's really happening."------"at some point somewhere ahead, the Fed will drop rates and the market will sell off on the news.Why? Because the public will take the Fed's action as a sign that the Fed is worried"