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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Chris who wrote (10318)6/27/2001 10:52:30 AM
From: TechTrader42  Read Replies (4) of 52237
 
I think he's going to cut rates to 0, or maybe even to minus 1. I base this on my guess that he finally realizes the whole thing is hopeless, that this so-called new economy has had it. Even with pro forma (i.e., funny) numbers, the high-tech companies just can't make money any longer (at least not for shareholders).

Greenspan will make one last-ditch effort to fix things, and then next week, in a nationwide broadcast, he'll renounce capitalism and move to Cuba. Mind you, I have no hard facts on this. It's purely speculative. Don't base your trades on it. We might not see negative rates until the next rate cut. And Greenspan won't necessarily choose Cuba to move to. He might go to another Socialist state, such as New York. It's hard to say.
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