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RE: [RT] Re: Fed supporting market



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This 
stuff goes on forever.  It is simply fiction.  Having said that the 
conspiracy theorists will never stop believing.

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Dan Goncharoff 
  [mailto:TheGonch@xxxxxxxxxxx]Sent: Tuesday, November 18, 2003 7:21 
  AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] Re: 
  Fed supporting marketHave you ever seen it claimed in a 
  respected source? If so, I would be interested in the reference, because I 
  have long sought such a mention in the established press, without success. 
  AFAIK, it is just foolish gossip.RegardsDanGBobsKC 
  wrote:
  <BLOCKQUOTE cite="" 
  type="cite">It is commonly accepted knowledge in the business world and while I most 
certainly have not personally observed the practice, I have no recall of 
the White House ever denying it, either.  If the market tanks, so does 
Bush.  Do you not believe that he has the means to prevent this?

Bob


At 02:57 PM 11/17/2003 -0800, you wrote:
  
    This is a strong statement, variations of which I've heard
many times with no factual support. Is there any support here?

regards,

tbr
  > the Fed has shown in the past how it can hold up
markets via futures purchases




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