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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED
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To: Dealer who wrote (28502)1/6/2001 9:50:29 PM
From: stomper  Read Replies (3) of 65232
 
Wondering here what could have possibly made Greenspan lower inter-FOMC by 1/2 bp. I don't know what he saw/knows but it isn't good, and it isn't any of the piffle slowdown in the economy crap we've seen so far. That is a desperate (relatively speaking) move by a life long gradualist. I assume we will find out soon enough unless he can liquify the problem.
The trend is your friend and until shorting and puts with proper money management stop making me money, I will continue with them. Everyone trying to pick the bottom...it isn't worth the first few hundred points to me to be flogged mentally by these gyrations. Look at what it has done to some of the people on the porch.

-dave
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