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Strategies & Market Trends : Sharck Soup
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To: besttrader who wrote (17245)4/19/2001 2:12:36 PM
From: Merlo  Read Replies (1) of 37746
 
Throw another short on the bar-be. As I said last night shorts are adding fuel to the fire. The more they short the more they get squeezed. Can they pull this off and force markets to drop. I don't know. Greenspan is like a deer caught in the lights, he screwed up big time and everybody knows it. What does he do? Lower interest rates.
What does the Republican administration do? Cut taxes or face being wiped out in the next elections. This is one crazy mess Greenspan got our country into. If he had acted sooner and raised rates during the early to mid days of Clinton things may have been better.
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