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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (36350)10/5/2001 3:27:33 AM
From: GrillSgt  Read Replies (2) of 37746
 
I agree Velo..nice post.

One could also blame Regulation FD in which Greenspan had no control. Beat or miss by a penny became such a game. The pc/internet mania came at a perfect time as folks learned they could invest for themselves, and later discovered they were great stock traders too. And there was certainly no shortage of underwriters willing to sell new, new economy stocks to these great traders/investors for hefty fee's. Or some would blame the media..such as Cnbc trotting out salesmen, telling the viewers what they want to hear.

Putting the blame at the feet of Greenspan is absurd.
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