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Re: [sharechat] Bubble & Squeak


From: "Brent Wheeler" <brentw@bwcl.co.nz>
Date: Mon, 4 Oct 1999 10:24:16 +1300


ÿþ<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> <HTML><HEAD> <META content="text/html; charset=unicode" http-equiv=Content-Type> <META content="MSHTML 5.00.2614.3401" name=GENERATOR> <STYLE></STYLE> </HEAD> <BODY bgColor=#ffffff> <DIV><FONT size=2>Perhaps worth bearing in mind that most of us are "stock pickers or tech. analysts, whatever"&nbsp; we are not and should not waste our time being "Fed Watchers".&nbsp; It is only unexpected moves that count.&nbsp; The great info. technology referred to means all the anticipated stuff has already been impounded. Greenspan has, in my opinion, a great record for not producing&nbsp; what brokers with their typically redundant grammer call "unexpected surprises".&nbsp; You may not agree with his moves but they are usually clearly signalled, have a logic about them and are not "spook" material.&nbsp; For "bubble" enthusiasts see also this week's Economist article on property asset bubbles.</FONT></DIV> <DIV>&nbsp;</DIV> <DIV><FONT size=2>Cheers</FONT></DIV> <DIV><FONT size=2><BR>Dr Brent Wheeler<BR>Director<BR>Brent Wheeler &amp; Co. Limited<BR>AUCKLAND</FONT></DIV></BODY></HTML>

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