Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: tradermike_1999 who wrote (7226)	8/16/2001 11:56:52 PM
From: tigerman77	Read Replies (1) of 74559

i agree greenspan is in a bit of a fix...he can choose to save the markets or support the dollar.....trouble is he cannot do both...the bond traders knew this and called his bluff......now he is running out of bullets ....the falling dollar will lead to an exit of foreign equity.....a collapse in the stock market and greenspan will be fired by congress or will retire........mutual fund redemptions will also be worse this year$$$$

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