Altaba Inc. (formerly Yahoo) Message Board

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Technology Stocks : Altaba Inc. (formerly Yahoo)

AABA 19.63

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Nov 6 4:00 PM EST

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To: tech who wrote (2693)	11/12/1997 3:26:00 AM
From: h.l. meeks	Read Replies (1) of 27307

Tech: Re-read the last dozen posts. Controlling domestic inflation is small potatoes compared to the currency crisis that is affecting every major market in the world. Greenspan can't make money more expensive to get. And he can't sit on his hands much longer. I'll bet he'd also love to be the hero in this drama. And, you're right--hardly anybody is expecting a rate cut: therefore it really could happen, if not tommorrow, then soon. My experience is that markets always do the unexpected at major turning points--that's why everybody isn't a stock market millionaire. Short term, sentiment is too bearish: all those bears can't be right. Maybe they will be right tommorrow, but not for long. There's a bounce coming. The question is--how long will it last?

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