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To: Starlight who wrote (748)4/14/2000 3:00:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 1154
 
Greenspan could also just have made a mistake...!

Removing this magic liquidity from all these expanding newly formed companies, will take some time to regain their footing and the confidence of investors. Also companies that were adding employees will be less likely to do that.

He's attempting to adjust a cycle and has under estimated the volatility of these markets. He may have killed the Goose for a good long time to come.

What's more he may still get his modest punch up in inflation. I'll guess he raises rates one more time..!

Still a good time to buy Utilities.

Chip