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To: wirestripper; Grampa Dave
"The market liked the comments"

Not if you look at the first hour of trading this morning. The market was "taking off" till the "BULLETIN" appeared on the top of http://BigCharts.MarketWatch.com, then it stalled and is stuck now where it stopped in it's tracks!!!

24 posted on 02/25/2004 8:01:16 AM PST by SierraWasp (EnvironMentalism is NOW beyond the point of "Diminishing Returns!" GANG-GREEN is setting in!!!)
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To: SierraWasp
Stalling is normal every time the Fed speaks. Sometimes it even goes down quickly in a sell off, ahead of predicted bad news, but this is just the repeat of the same stuff the Senate hearing went through a few days ago, so there are few if any surprises expected.

this is a political year however and the dems are trying to get him to say something that would disturb the markets for political gains.

28 posted on 02/25/2004 8:08:09 AM PST by Cold Heat (In politics stupidity is not a handicap. --Napoleon Bonapart)
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