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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (41631)1/26/2001 1:19:19 PM
From: Lee Lichterman III  Read Replies (2) of 42787
 
The mania continues.... This is one heck of a ramp job they are doing here. Did Greenspan announce he was giving away free money or has cancer been cured, all wars ceased and world hunger been solved. It is a real shame that AG has to save the economy without regard for the markets. If I was him, I would raise the rate on the 31st and say clearly the mania will not be supported. Then after the resulting crash, I would cut the rate as expected between meetings with the announcement that if this trash rose again, I would raise at a proportionate amount as the average PE ratio of the top 10 stocks on the NDX. <gggg>

This is truely UFB! We are going to go positive on zero growth, earnings warnings from everyone and the announcement that a tax cut better be standing by because the economy might not turn around in the second half as many are touting. I DARE Someone to say we aren't in a mania. Pardon the rant but this is just insane. The casino continues with the Greenspan put as free insurance.

Good Luck,

Lee
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