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--- In realtraders@xxxx, "bondo92677" <bruce.larson@xxxx> wrote:
> I don't where his allegiances lay.
>>>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.
I guess I didn't understand.
> But he sure tightened the screws
> in 88-90.
Rate cuts in 90-92 were too late
> > to save Bush Snr
Again, I'm not clear. Are you saying he was trying to screw Bush
Sr. or save him?
> He said the market was "irrational exuberant" in 12/96. We almost
> got back down there last month no thanks to him.
You're saying his "12/96" speech caused the market to decline from
2000-2002?
I know a lot of folks are bitter about the decline in the market,
and want to blame someone, but I don't think you can have it both
ways. If you blame him for the decline don't you have to give him
credit for the greatest bull market in history? I don't think he
deserves either. The markets are going to do what they want, all
the fed does is goose it here and there. Check your own time
line as proof: look at a chart after his 1996 speech; the NDX
was up 500%+ in three years.
BW
>
>
>
> --- 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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> > > > > >
> > > > > >
> > > > > >
> > > > > >
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