Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (7218)	8/15/2001 11:09:41 PM
From: tradermike_1999	Read Replies (2) of 74559

There is one premise behind your thinking that I think is false - that Greenspan is really in control of all of these financial gyrations. I believe he lost control of them for a moment this last winter - that was the real reason for the surprise interest rate cuts - and he may lose control of them again. If everything operated as he wanted then the stock market wold not be dropping right now.

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