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TJ Parker

06/30/03 1:03 PM

#124858 RE: market_watcher #124853

... given the relative strength of the market vs. the strength of the Fed.

actually, i posted a link and excerpt from a story in the wsj last week that pretty much said exactly this: that the fed has studied this and realizes that they can't do this in today's bond market.
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augieboo

06/30/03 1:12 PM

#124873 RE: market_watcher #124853

"He knows his plan will fail" yet he does it anyway.

I'm sorry, but that just doesn't make sense to me. {g/ng}