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Strategies & Market Trends : Three Amigos Stock Thread
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To: Razorbak who wrote (8426)9/7/1998 8:06:00 PM
From: ChrisJP  Read Replies (1) of 29382
 
Dear Razorbak,

I vote NO on lowering the rate. Historical trend line for the DOW = 6000 now. Greenspan will not lower the rate just to perpetuate our Wall St. Casino. Nor will he lower rates until Japan has begun to implement true reforms to fix their problems. He will not play his only trump card until he sees signs that jobs and the economy are showing signs of future suffering due to the weakening global economy. DOW will be at 6000 by the time that happens.

Regards,
Chris
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