Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: clochard who wrote (45991)	2/17/2000 7:53:00 PM
From: Lee Lichterman III	Read Replies (2) of 94695

I normally lurk here rather than interupt the great views of William, GZ and others but I just had to comment... >>while they might pull their money out of the market and put it into bonds, being logical. << AG all but said today, "hey you idiots! You are bidding stocks up to ridiculous levels and if you don't stop, I am going to keep raising rates until this bubble pops since I won't be at fault, you will for bidding them up on pipe dreams." The people's reaction to this? Rally teh NASDAQ up 121 points. Now I ask you, stock traders being logical, I think not. I hate to even say it but we are going to see a 1929 replay in teh NASDAQ, we just don't know when. I have often said that I am spiteful but if I were AG, I would do a no notice in between rate hike of 50 basis points tomorrow. Just let me buy puts before hand <gggggg> Of course it won't happen, Good Luck, Lee

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