Philip Morris - A Stock For Wealth Or Poverty (MO) Message Board

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Non-Tech : Philip Morris - A Stock For Wealth Or Poverty (MO)

MO 58.57

+0.9%

2:09 PM EST

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To: reg who wrote (6155)	3/20/2001 5:04:49 PM
From: Frank Ellis Morris	Read Replies (2) of 6439

Any idea why the breakdown? we are experiencing one if not the worse debacle in history regarding the Nasdaq. The central bank has displayed a rather indifferent and hostile attitude by allowing public confidence to slip 5 months in a row. Today they knew to break the dismal spell, short term interest rates should have been cut 75 basis points. The fact that 50 basis points was done was nothing more than arrogance and plain bullcrap. Those clowns should be fired and replaced a long time ago. Now everything is eventually going to be dragged down. There are no exceptions. We are indeed in a crisis. People will begin to really get the message when they look and see their 401k and every other type of savings investment accounts going down the tubes. Now a real full blown recession will set in because people will stop spending. Nice going Mr. Greenspan. Frank

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