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Technology Stocks : Intel Corporation (INTC)
INTC 47.10-4.4%12:47 PM EST
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To: Road Walker who wrote (123593)12/22/2000 10:42:19 AM
From: Tony Viola  Read Replies (1) of 186894
 
This is a really hard time in the markets, the hardest I've seen in my life. But I don't think it's time to throw out the stability and independence that is represented by the FOMC.

I'm not saying anyone should throw out the FOMC. I believe Greenspan did a good job for some of his years on the job, probably most of the years. That doesn't mean he and his committee will be flawless forever. He went too far this time. I would like to see a poll on such. So, some people are already giving Bush hell and he isn't even in office yet. Yet Mr. G walks on water to some. To affect a strong economy which was showing maybe just a little sign of inflation so drastically is a major foulup. Nuf said for me on this subject. No more except to say I used to strongly defend the guy, on these threads, when people wanted to throw him out. Now I say he way overdid it. JMO.

Tony
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