Alan Greenspan MUST GO: Message Board

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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who wrote (49)	5/25/2000 7:36:00 AM
From: bobby beara	of 494

margin is the very thing that drove the nasdaq to 5000 and is the core reason why tech investors are less wealthy than they were a couple of months ago. heavily leveraged big mo mo players like drunkenmiller. tell me why did tech investors ignore greenspan's rate hikes starting last summer and up until march 00. but all of a sudden now it's all greenspans fault. it has nothing to do with greenspan, leveraged mo mo players drove the market up to far to fast. leveraged money is weak handed money, and when the mo stops, the leveraged mo money has to leave quickly. forget blaming greenspan for not taking profits when you were seeing your portfolio go up big, or worse yet buying on margin parabolic trajectories at the top. quit whining about greenspan and be accountable for your own actions.

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