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Strategies & Market Trends : Rande Is . . . HOME

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To: GREENLAW4-7 who wrote (43885)12/20/2000 2:56:21 PM
From: chowder  Read Replies (1) of 57584
 
Hi Greenie! (a greeting of endearment)

For the record, my portfolio hit an alltime high on Monday.

Your sibling, the other Greenie (Al) did what he's done all along. He's concerned about the future and what's best for it. And, what is best is to take the speculation out of the market and dry up all of that liquidity that's he's responsible for throwing at us.

Al was concerned about bailing out hedge funds and recently went before Congress to try and change the rules so we don't have to bail out the banks. C and JPM own about 40% of the derivative market (if my memory serves me correctly). Let's hope the market holds together so we don't see a bank meltdown.

It'll take more than a rate decrease to get the market going, it'll take a tax cut too.

We still have .75% rate increase to work it's way through the economy. Earnings announcements in January won't be pretty.

Bellweather stocks at Filene's Basement prices are coming.

dabum
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