Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: c.hinton who wrote (16231)	7/22/2002 12:33:16 PM
From: Davy Crockett	Read Replies (1) of 36161

"RATIONAL EROSION" disappointed by the market action today.... nice quote by Art Cashin (he is looking for a "crash") & here r some more However, when Greenspan’s "soothing" words were not followed up by an actual announcement by the US central bank of a cut in interest rates, fears of a recession again began to haunt Wall Street. "While the Fed says the building is not burning down, investors can smell smoke", said Art Cashin, a broker for the UBS Warburg investment bank. Cashin’s remark was quoted in an article by Aaron Patrick printed in the December 22-26 Financial Review, which reported: "US share prices are likely to post their worst performance in a decade, with fears rising on Wall Street that the country’s central bank may be unable to avert a recession." Maybe we can get him to start posting to the strictly drilling thread... On second thought, maybe he already has... how about it Slider? Time to fess up? ROTFLMAO ubspainewebber.com moneycentral.msn.com dsp.org.au netcog.com

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