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Re: [RT] Thursday Prognosis of S&P



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I don't where his allegiances lay.  But he sure tightened the screws 
in 88-90.  Then he decides to undertake his high productivity-low 
rate experiment from 1996 while trying to jawbone the market down.  
He said the market was "irrational exuberant" in 12/96.  We almost 
got back down there last month no thanks to him.



--- In realtraders@xxxx, "tradewynne" <tradewynne@xxxx> wrote:
> Yeah, another left-winger Ford and Reagan appointed?
> 
> http://www.federalreserve.gov/bios/greenspan.htm
> 
> 
> --- In realtraders@xxxx, "bondo92677" <bruce.larson@xxxx> wrote:
> > They said the same in fall 1998.  Alan was a good friend of the 
> > Clintons.  He used to always sit next to Hillary at public 
> > ceremonies.  Daddy Bush still holds a grudge against Al because 
he 
> > feels his tight policy lost him the election in 1992.  Remember 
Al 
> > raised rates up to 11% in 1989.  Rate cuts in 90-92 were too late 
> to 
> > save Bush Snr although they sure made Clinton look good.    
> > 
> > 
> > 
> > --- In realtraders@xxxx, "Kent Rollins" <kentr@xxxx> wrote:
> > > Quite the contrary.  The Fed will avoid moving right before an 
> > election
> > > unless things are really bad.  If the economy continues to 
> sputter 
> > along as
> > > it is doing now, there will be no change in rates.
> > > 
> > > Kent
> > > 
> > > 
> > > ----- Original Message -----
> > > From: "M. Simms" <prosys@xxxx>
> > > To: <realtraders@xxxx>
> > > Sent: Thursday, August 15, 2002 11:29 AM
> > > Subject: RE: [RT] Thursday Prognosis of S&P
> > > 
> > > 
> > > With the Bush administration, ANYTHING GOES RIGHT NOW....
> > > WAIT.....Doesn't the FOMC meet BEFORE September 30th ?
> > > I think it's  SEPTEMBER 24th.....just ONE WEEK BEFORE.....HOW 
> > CONVENIENT.
> > > Hmmmmm.......I wonder what will happen to S/T interest rates 
> > then ?? (duh !)
> > > "FOMC lowers Fed Funds by a record by 75 basis 
points......stock 
> > markets
> > > rise sharply.....mutual fund holders now happy campers......GOP 
> > election
> > > chances now improved"
> > > 
> > > BTW: I just love to shake you guys up...
> > > 
> > > > -----Original Message-----
> > > > From: Norman Winski [mailto:nwinski@x...]
> > > > Sent: Thursday, August 15, 2002 12:15 AM
> > > > To: realtraders@xxxx
> > > > Subject: Re: [RT] Thursday Prognosis of S&P
> > > >
> > > >
> > > > M Simms,
> > > >
> > > >   Hey, maybe they have Arafat bidding up the market with his 
> > secret
> > > > billionaire dollar account?  And the Bush administration is 
bad
> > > > mouthing the
> > > > Saudis so no one will suspect they are trading for the CIA?
> > > >
> > > > Conspiringly,
> > > >
> > > > Norman
> > > >
> > > > ----- Original Message -----
> > > > From: "M. Simms" <prosys@xxxx>
> > > > To: <realtraders@xxxx>
> > > > Sent: Thursday, August 15, 2002 12:00 AM
> > > > Subject: RE: [RT] Thursday Prognosis of S&P
> > > >
> > > >
> > > > > NYSE volume of 1.5 billion today.....weak ?
> > > > >
> > > > > Also, let's not forget the Sept 30th date in NEON LITES 
> hanging 
> > in the
> > > > white
> > > > > house......
> > > > > they gotta keep the market up till then.....or else WHAM, 
> > goodbye GOP in
> > > > > November.
> > > > >
> > > > > These fierce non-news-related afternoon rallies are just so
> > > > suspicious.....I
> > > > > wonder if Bush has the CIA hitting the BUY order buttons all
> > > > afternoon in
> > > > > the eminis.
> > > > >
> > > > >
> > > > > > -----Original Message-----
> > > > > > From: John Cappello [mailto:jvc689@x...]
> > > > > > Sent: Wednesday, August 14, 2002 7:38 PM
> > > > > > To: realtraders@xxxx
> > > > > > Cc: MedianLine@xxxx
> > > > > > Subject: [RT] Thursday Prognosis of S&P
> > > > > >
> > > > > >
> > > > > >
> > > > > > I know general TA consensus says that we have broken a 
major
> > > > > > resistance and 947 or better is in sight tomorrow.
> > > > > >
> > > > > > This may be true but this rally could have also been 
fueled 
> > by the
> > > > > > absence of major bad news and CEOs signing on the dotted 
> > line.Plus
> > > > > > coming off the heels of a major decline never hurts.
> > > > > >
> > > > > > Tomorrow I believe that:
> > > > > >
> > > > > > 1. UAL will announce Bankruptcy plans
> > > > > >
> > > > > > 2. Major CEOs of certain firms will not sign
> > > > > >
> > > > > > 3. Companies will announce a need to redo back years
> > > > > >
> > > > > > 4. While we passed the early Aug. high we are still below 
> > July highs
> > > > > >
> > > > > > 5. The 200 day moving average is a long way off
> > > > > >
> > > > > > 6. 775.9 may have been the low for this cycle but that 
does 
> > not mean
> > > > > > 880 will not be retested.
> > > > > >
> > > > > > We can move higher but I think we will end lower. It 
would 
> > not take
> > > > > > much to derail this uptrend which until now has been 
fueled 
> > by weak
> > > > > > volume.
> > > > > >
> > > > > > This one may have passed a "magic" number but that does 
not 
> > mean that
> > > > > > it "is" the magic number to climb aboard.
> > > > > >
> > > > > > Thoughts?
> > > > > >
> > > > > >
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> > > > > >
> > > > > >
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> > > > >
> > > > >
> > > > >
> > > > >
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