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

To: Crimson Ghost who wrote (40973)	2/22/2000 3:58:00 PM
From: sandeep	Read Replies (4) \| Respond to of 99985

George Cole, what do you make of the ridiculously low valuation of many companies in the DOW ? Do you think they are just going to disappear ? Your complaint is about the tech stocks. Those companies are growing very fast. People can afford to take risks with them (no margin though). I believe that he should just raise margin requirements to even 100% if that's what he wants to do. Raising interest rates to destroy the stock market has never been done before. The effects are unpredictable since there is no precedent. This Fed is too arrogant...

To: Crimson Ghost who wrote (40973)	2/22/2000 4:48:00 PM
From: edward miller	Read Replies (1) \| Respond to of 99985

In a way I disagree while agreeing with your general problem with Greenspan. He should have raised MARGIN RATES long ago to cure the stock speculative fever. That way he would not kill the rest of the economy while trying to fiddle with stocks. But he must be playing for the Wall Street Band. <gggg>