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To: HH who wrote (7090)9/28/1998 9:02:00 PM
From: Joseph G.  Respond to of 86076
 
<<The Fed will have created the illusion that it is capable of supporting the world asset values >>

That's what they did

<< when it might ought to keep its powder dry to prevent a true meltdown. >>

They got more powder, but it's all psychological - they can take the horse to water, but they can't make him drink ...

remember what they told us: fundamentals will win, eventually -g-