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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (49044)3/14/2001 8:55:44 AM
From: stockman_scott  Read Replies (1) of 57584
 
<<So the "Wealth Effect" Greenspan spoke of, has turned upside down. Do you think he will talk about the "Poverty Effect"?>>

Rande: I TOTALLY agree...great post...Greenspeak is clearly way behind the curve...he seems out of touch and is very tough to understand. Yet, the global markets are nervous and losing support quickly. This should concern the FED and I'm sure it will concern the US markets today. IMO, there is at least a 50% chance the FED will step in and try to calm the markets --> look for a surprise rate cut in the next 48 hours....JMHO....=)

Best Regards,

Scott
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