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RE: EL Rate Cut System - Why ?

To: "Omega List" <omega-list@xxxxxxxxxx>
Subject: RE: EL Rate Cut System - Why ?
From: "Sean O'Toole" <sean@xxxxxxxxxxxxxxxxxxxx>
Date: Wed, 18 Apr 2001 17:59:47 -0700
In-reply-to: <004501c0c864$510f0ec0$3202a8c0@xxxxxx>

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Or, perhaps, they chose a rising market knowing their actions would be
compounded??  Doesn't sound too dumb to me.

Sean

> Anyone care to venture WHY the Fed cut rates in a naturally
> rising market ?
> Here are the options:

References:
- RE: EL Rate Cut System - Why ?
  - From: M. Simms

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