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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (68143)9/23/1999 7:51:00 PM
From: Franco Battista  Read Replies (1) | Respond to of 132070
 
We will surely hear from the Battipaglias, Cohens, and others tomorrow reassuring investors that this is a salutory drawback before the next upswing, that the economy is fine, inflation almost inexistant, etc. etc. This is only natural. These peoples jobs depend on the market heading higher. People will keep their stocks and watch the prices head lower without panicking.
Last year Greenspan killed the people short the market - these people will not be there to cushion the fall this time.



To: Les H who wrote (68143)9/24/1999 10:56:00 AM
From: Knighty Tin  Read Replies (4) | Respond to of 132070
 
Les and All, The lobotomy crowd is trying to rally the market as we speak and there is a battle between fantasy players and reality right now. Though today is anyone's guess, over the long haul, reality wins.