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AW: FOMC meeting?



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People make their own decisions and choices. Whether Mr G. was right or wrong 
to make the decisions he made remains to be seen in hindsight, but it is people 
who acted on their own buying these stocks, working for these companies that 
lay off, did not start their own companies, did not buy the stocks, speculated 
short term instead of holding long term, or bought houses and cars instead of 
stocks, or the reverse, borrowed instead of saved. How can you say G. is 
responsible for what people do. As you mentionned most are irrational, and do 
irrational things and then complain about unexpected results... Well, you bet! 
That shouldn't be a surprise, but I don't see what G. is doing in there.

Gwenn



| -----Ursprungliche Nachricht-----
| Von:	James Taylor [SMTP:jptaylor@xxxxxxxxxxxxxxx]
| Gesendet am:	Tuesday, October 05, 1999 4:06 AM
| An:	RAY RAFFURTY; fritz@xxxxxxxx; RealTraders Discussion Group
| Betreff:	Re: FOMC meeting?
|
| If the scum-sucker Greenspan has any spine at all, he will raise tomorrow,
| and catch the gambling public flat-footed.   This 'man' (and I use the term
| loosely) will be hated by tens of millions of American's when this ponzi
| scheme finally ends.  A heck of a lot of innocent, hard-working citizens
| will be hurt by his past bubble cultivation.  When the blind-sided public
| end up unemployed, their families put on the street, and hungry, this joker
| will think long and hard about the choices he made.  I wouldn't want to be
| him.  Rednecks don't act rationally when they are hungry and cold.
|
| Signed,
| an informed student of economics and government mismanagement and deception
|
| -------------
|
| At 09:42 PM 10/4/99 -0400, RAY RAFFURTY wrote:
| >Hi Gary,
| >
| >Actually, to get a jump on the Fed. meeting tune into CNBC at about 8:00 AM
| >EST for Mr. Greenspan's briefcase indicator.  It has been correct something
| >like 18 out of the last 19 times.  {;-)
| >
| >                                            Good luck and good trading,
| >
| >                                                        Ray Raffurty
| >
| >
| >----- Original Message -----
| >From: Gary Fritz <fritz@xxxxxxxx>
| >To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxx>
| >Sent: Monday, October 04, 1999 4:34 PM
| >Subject: FOMC meeting?
| >
| >
| >> I'm holding a long position into tomorrow and I figured I'd check...
| >>
| >> The FOMC meeting starts tommorrow morning at 0900 ET.  But there is
| >> usually not any impact from the *start* of the meeting, right?  Any
| >> fireworks, if any are to happen, shouldn't launch until they announce
| >> on Thursday at 1400 ET?
| >>
| >> The market doesn't seem to think Mr. G. will drop any bombs on
| >> Thursday, given the run-up since Friday afternoon.  Anybody want to
| >> hazard any predictions?
| >>
| >> Thanks,
| >> Gary
| >>
| >>
| >>
| >
| >
| >From ???@??? Tue Oct 05 06:47:25 1999
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From: "Stig O" <olausson@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxx>
Subject: War of the Giants? Effect on Gold?
Date: Tue, 5 Oct 1999 10:39:01 +0200
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This is a quote from on of Larry Muir's recent posts.

Read the quote again! (I have shortend it considerably)!

and then look at the weekly Yen and Euro chart I have attached.

The Yen HAVE broken out of an inverted H&S pattern and the Euro is just under the neckline. 
We certainly are in for some very interesting times.

rgrds
stig


-----Oprindelig meddelelse-----
Fra: Larry Muir <trdoptions@xxxxxxxxxxx>
Til: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>

>>This article was in today's San Francisco Chronicle.

>>This is one sharp journalist. He knows his stuff.
>>

........................
>>
>>For it can only be at the expense of a strong dollar
>>that Europe's central banks would choose implicitly
>>to support the price of gold. In declaring to the
>>world that they plan to limit bullion sales,
>>Euroland has affirmed a willingness to give gold
>>a monetary role.
>>
>>This is a direct assault on the greenback, since
>>the dollar is backed by nothing of substance, much
>>less gold. By deigning to support a standard which
>>implies the dollar's inferiority, Europe is
>>clearly seeking to elevate the value and utility of
>>its euro while diminishing the dollar's role in world
>>trade and its dominance as a global reserve currency.
>>
>>Clearly the Europeans are scared of a world
>>manifestly awash in dollars, just as they are fed up
>>with the obligation of supporting a
>>global financial system that conducts most of its
>>business in dollars.
>>
>>Japan may be thinking along the same lines, since
>>its central bank recently rejected the idea of easing
>>credit to slow the yen's steep rise against the dollar.
>>
>>If Europe and Japan succeed in breaking the world's
>>dependency on dollars, it will surely spell trouble
>>for the U.S. economy.  For, a weaker dollar would
>>diminish investment by foreigners in our
>>Treasury bonds, raise interest rates and curtail
>>the ability of our consumer-oriented economy to
>>function effectively without savings.
>>


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