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Strategies & Market Trends : Rande Is . . . HOME

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To: rocklobster who wrote (43654)	12/16/2000 9:04:25 PM
From: American Spirit	Read Replies (3) of 57584

Greenspan must also stabilize the stock market. I'm sure he knows that even factoring in slower growth and flat earnings this market is becoming too undervalued. That is dangerous for everyone in America because the perception that the market is not a safe place to invest is economic suicide. The bubble has definitely burst but before frightened investors flee for good Greenspan should come in and breathe some hope back into the situation. As for a possible drop tomorrow, I think it's already happened. Thursday and Friday were pretty brutal. That was panic selling IMHO, to dump IBM below 90, MSFT below 50, etc. Treue there is some tax-selling left but otherwise I wouldn't be surprised if we rally again. The opposite of what is expected. That's been the norm recently. I mean EVERYONE expected a rally after Bush won. But just the opposite.

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