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To: ScatterShot who wrote (6872)9/23/1998 4:44:00 PM
From: C Hudson  Respond to of 86076
 
"Admittedly, AG is as obtuse as I am dense, but after reading his text twice, no less, I still can't see what he said that triggered today's market reaction."

Desperate Bulls searching for possible rate cut.




To: ScatterShot who wrote (6872)9/23/1998 4:49:00 PM
From: yard_man  Respond to of 86076
 
I found the last few lines interesting, but who knows what they mean?

>>The current crisis, accordingly, will have to be addressed with ad hoc remedies. It is
essential, however, that those remedies not conflict with a broader vision of how our new
international financial system will function as we enter the next century. <<

Would you call an interest rate cut an ad hoc remedy?



To: ScatterShot who wrote (6872)9/23/1998 5:43:00 PM
From: eddie r gammon  Respond to of 86076
 
<<I still can't see what he said that triggered today's market reaction>>

I can't either and Im dumber than dirt (g)

erg