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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (7171)5/24/2001 9:51:14 PM
From: craig crawford   of 57684
 
>> He is late <<

Everyone attributes the failure of Greenspan to one of two things. That last 50 basis hike in May 2K or the lack of a cut in Nov/Dec last year. They are wrong on both counts by a longshot.

>> But he's stimulating the economy at the most accelerated rate since the 30's. <<

So we are going to have a repeat of the 30's?

>> I think the market appreciates this and is moving higher in cautious anticipation of better days. <<

What is cautious about a 2200 point bounce off the lows in the Dow and a near 43% rise in less than 2 months in the daq?
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