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To: jhg_in_kc who wrote (138091)7/29/1999 10:50:00 PM
From: FiloF  Read Replies (2) | Respond to of 176387
 
With all due respect, and really am not trying to antagonize, I feel compelled to respond:

<the little guy trying to make a buck by trading stocks and seeing all he worked for wiped out in 2 hours>

ACCOUNTABILITY. The "little guy" has an obligation to himself and to his family. He should not be putting them and himself in a position that financial ruin will be accomplished by mere words. I am sure the poor bastard had lots going on. It is stretching it to the max to try to blame AG for this tragedy.



To: jhg_in_kc who wrote (138091)7/29/1999 11:49:00 PM
From: MIKE REDDERT  Respond to of 176387
 
This is an unhealthy attitude, JHG. In a practical sense, daytrading doesn't owe you a "living" simply because you work hard. Many variables drive the market, and Greenspan is only one of many that can separate you from your money. The Humphrey-Hawkins testimony is a scheduled event... if you choose to hold positions in advance, you are taking on risk... and history dictates that Greenspan will usually "throw cold water" on the markets.

Any person that feels unusual anger on the outcome of a trade, needs to step back and ask themselves whether they are truly cut out to be a daytrader. A little reflection then could prevent a greater disaster later... financial or otherwise. JMHO

Mike



To: jhg_in_kc who wrote (138091)7/30/1999 12:16:00 AM
From: Mehitabel  Read Replies (1) | Respond to of 176387
 
Oh, puh-leeeze spare us having to hear this nonsense! This man killed his wife and mother-in-law for *insurance* money several years ago!

Was that Greenspan's fault too?

Please take this sort of discussion to the "Paranoid's Chat Room" sponsored by the People's Republic of China.



To: jhg_in_kc who wrote (138091)7/30/1999 5:38:00 AM
From: Frank Ellis Morris  Respond to of 176387
 
>>Frank, GREENSPAN CREATED ATLANTA KILLINGS. HE PUSHED A GUY TOO
FAR. There is a real sense in which this is all too true!. Do not antagonize the little guy trying to make a buck by trading stocks and seeing all he worked for wiped out in 2 hours by the words "unsupporable" and "dire consequences." I wonder how many brokers are having vivid nightmares to night of a disgruntled client coming in in the morning and saying, "You son of a bitch..."
jhg <<

The tragedy yesterday in Atlanta did not surprise me but it is indeed unfortunate that so many innocent people were victims. The irony of this is that the Fed likes to put guns at all our heads and rob us of our life's investments and dreams. The violence that occured yesterday
may now have copy cats and ultimately a member or members of the Fed Reserve Board may be Targets. These people are playing a very dangerous game with the lives of millions of shareholders and investors all over America and all over the world. The gunman is considered to be disgruntled and maniacle. Somebody needs to take the weapons away from those who could wound, cripple or kill you with words. You could not pay me enough money to sit there and say all that manipulative and provoking crap that the media likes to give coverage regarding Federal Reserve statements. I think we need reform and a more democratic process regarding credit tightening. BTW don't day trade and invest only for the long term. Read my profile as I think that most games end in disaster.

Frank