Alan Greenspan MUST GO: Message Board

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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who wrote (204)	11/13/2000 12:33:03 AM
From: wdlngduc	Read Replies (1) of 494

The G Man is caught between a rock and a hard place. Rising oil prices prevents a lowering of rates. A weakening economy prevents a raising of rates. So as we see our markets decline, Mr G cannot do a thing about it. Oil will surge over $40 per barrel with a cold winter;consumers will finally start flagging. The market senses a rapidly softening economy, so stock prices will contract further. Interest rate hikes still in the pipeline,and not yet reflected,will really grab hold during the first half of 2001. Add on tax selling yet to come over the next thirty days, plus the election imbroglio, and that portends some dark days ahead. Starting Monday! We will soon be asking:"Where or where is that so-called soft landing we've been hearing about?" It's time to hunker down. Wdlngduc

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