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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (53861)1/4/2001 8:43:54 AM
From: AllansAlias   of 436258
 
Yes, I am surprised by the rapidity of the breakdown. I keep going back to the same old argument, one that is put more eloquently by PruBear and others. The problem with trying to prevent a hard landing (and make no mistake, we are not trying to get the economy going from a standstill here) is that the new liquidity has to find its way efficiently to where it is needed. This will not happen because of the casino mentality that is prevalent from J6P all the way up to the CEO's.

(By the way, did we nail this NAZ wave count or what!)
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