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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (56205)	4/16/1999 9:44:00 AM
From: Knighty Tin	Respond to of 132070

Tom, I don't think anyone else has posted it. I agree that the Fed is trying to tap the brakes on this runaway bubble market, but they keep their heel on the accelerator while tapping the ancient drums. <g> Credit is still expanding and debt continues to grow. When we see a slowing there, and we have already seen credit growth fall from ridiculous to way too much last month, then the market will be in deep kimshee. And my guess is any day now.