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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (24998)9/6/1999 11:35:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Does Greenspan plus Y2K equal stock market crash?

According to my interpretation of the latest remarks by Mr. Greenspan and his colleagues, they have gone from the mission of fighting inflation, to one of fighting a strong economy, to now what appears to be fighting a strong stock market. This would be ominously reminiscent of the late 1920s, which precipitated the stock market crash and the 1930s Depression.

moneycentral.msn.com

Regards,
LG



To: HairBall who wrote (24998)9/6/1999 11:55:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 99985
 
LG,
I commented on this thread about the "9999" bug. I realize that you were just posting the Bloomberg article, but a lot of the Y2K stuff seems to be generated by a sensationalistic tone.

#reply-10953395

I do think that the market will be affected by the Y2K lockdowns which will commence on October 1. This should affect revenues in the tech arena to some extent.

JXM