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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end?
YHOO 52.580.0%Jun 26 5:00 PM EST

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To: RockyBalboa who wrote (3367)1/19/2001 9:19:51 PM
From: Mad2  Read Replies (1) of 3543
 
As I reported in Wednesday's Fool on the Hill, in 1999 more people declared bankruptcy than graduated from
college. 1999

Sheesh, I think we make it too easy sometimes.......however that's a doubleedged sword.
For now however we are going to see a loosening of monetary policy and downward trend in cost of funds. While I doubt this will provide much benifit to those who made up the -36% decline in the Phil Fed mfg survey there are those who will benifit.
The fed and new administration will keep this excpansion going as long as they can......mabe to a fault.
Mad2
PS shifted some dough to biotechs (CRA), added FCX as well
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