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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: limtex who wrote (36103)3/2/2002 11:58:32 AM
From: Jorj X Mckie   of 99280
 
We disagree at a number of levels on the fed policy.

I have no problem with a healthy bull market. I *love* a healthy bull market. But, I also think that it is fundamentally wrong and nominally insane to expect every stock purchase to turn into a ten bagger.

BTW: raising interest rates has much the same effect as turning off the spigot as new money is created when loans are made.
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