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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: michael97123 who wrote (40957)12/20/2000 9:57:47 AM
From: daryll40  Read Replies (2) of 70976
 
I have been a big defender of Alan Greenspan, because I admire the way he took the inflation bull by the horns and has stuck to his anti-inflation fight for a generation. That being said, I just hope that he also remembers the lesson of 1929 where the Fed turned a bad stock market towndurn into the full blown Great Depression. My guess is that if market loose too much more, you'll see a cut very soon. Personally, my overall portfolio is about even for the year (lots of bonds and Real Estate in addition to stocks) but I know many people who have lost half or more of their marbles.

Daryll40
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