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Strategies & Market Trends : Asia Forum
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To: Ramsey Su who wrote (6632)9/23/1998 9:12:00 PM
From: Lee Lichterman III  Read Replies (2) of 9980
 
I have been a long time lurker but had to pipe up to this. I think the total opposite is required. He should not lower rates!!! We have to draw the line somewhere in this market before the bubble gets totally out of hand (as if it isn't already). Where do we stop, average PE of 100, 1000, 10000, a million. If making joe blow feel rich is a cure then what about all the other people that don't invest. There are only 40% of US population in the market and less than 30% have more than 5K invested. We need to force the other countries to get their affairs in order and we need to keep rates where they are so more foreign money doesn't flow into our market.

I guess we'll see what happens Tuesday.

Good luck all on one of the best threads at SI,

Lee
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