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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Skeet Shipman who wrote (37584)2/22/1999 6:32:00 AM
From: William H Huebl  Respond to of 94695
 
Skeet,

What's the prob? We've been "dollarized" for eons now? And it looks like gold is headed back to the old standard???

The only reason I say interest rate cut is that with the SCY ratio standing where it is right now (.97), there is no way the market will break 10,000 without then going into one incredible dive. With even a mere 1/4 point cut, we should see that perceived barrier broken and held??? You just can't get there from here and live to tell about it!

BWDIK?

Bill



To: Skeet Shipman who wrote (37584)2/24/1999 5:12:00 PM
From: Andy Thomas  Read Replies (2) | Respond to of 94695
 
re: dollarization: >It was just such a situation that contributed to our Great Depression and resulted in the formation of our Federal Reserve. <

Wasn't the fed created in 1913?

FWIW
Andy