Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (195)	6/7/2002 12:07:36 PM
From: mt_mike	Read Replies (1) of 89467

Alright JW, you have a bet. I agree with you that we are descending a wall of hope and this market should crash. But, the PPT and Fed will do everything in their power (including buying stocks and index futures) to keep us from sinking. We will go down hard but I think that will be in the fall. If we close down anything less than 100 points they probably have a victory. I used to think Kudlow knew what he was talking about but his cluelessness has become very clear the last few months. Maybe he has spent too much time with Cramer. My favorite development this week was GS calling for immediate reforms in the securities industry.

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