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To: IceShark who wrote (16760)3/13/2000 3:02:00 PM
From: RJL  Respond to of 42523
 
Either way I win...I like it! <g>

Seriously though, if the bulls can't punch through 10K intraday for a third time, it doesn't bode well for the last hour.



To: IceShark who wrote (16760)3/13/2000 3:05:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 42523
 
Look, everyone. It is a FACT that greenspan is injecting around 3 billion dollars per day into the market. Instead of draining this liquidity after Y2K like they promised, they are ACCELERATING the printing presses.

Now, given this FACT, why in the hell would anyone short this market?

Would you play a game of poker with someone who had an infinite stack of Aces in his pocket and was who was fully authorized to use them by the rules of the game?

Greenspan has already made the choice to destroy the dollar and our economy in the long run. But in the long run, we're all dead anyway. At the VERY LEAST he will keep this up until the presidential election.

What is it about a rigged market that you clowns don't understand? Cisco and Intel will soon surpass the GDP of this nation, but do you think for a SECOND that the public will give a rat's ass about the logic of that?

YOU CANNOT FIGHT THE FED. And while the fed may be *talking* the bear talk, it is *walking* the BULL WALK by throwing billions into the market every day.

WHY DONT YOU GUYS GET IT? ARE YOU MASOCHISTS??