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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?

To: SirRealist who wrote (97486)	4/17/2000 1:09:00 AM
From: $Mogul	Read Replies (4) \| Respond to of 108040

The World Banks are creating more fear and panic and Greenspan still feels we are overvalued..don't look for any Quell the fears..it will only get more progressivly worse, until the institutions decide it is safe to tip toe, and that won't be till NAS 2900 and Dow -750 from where it is now IMHO.

To: SirRealist who wrote (97486)	4/17/2000 1:22:00 AM
From: John F.	Respond to of 108040

Realist, I agree. The time has arrived for some of the movers & shakers to step up to the plate and quell the fear. But, Greenspan is walking a fine line. The last thing he wants to see is a quick return to 5100 on the Naz. I doubt he will say anything tomorrow morning. Perhaps tomorrow afternoon or later in the week if we crash and stay down. But, tomorrow morning, we may well see some stock repurchases announced by CSCO, MSFT, ORCL, INTC, DELL, YHOO, AMAT and/or other big market cap players on the Naz. Some of these companies have "cash coming out the wazoo" and the last thing they want to see is the world economy retreating and a return of the Asian Flu. Take AMAT, they got killed by the Asian Flu...and now the forecast is nothing but blue sky. They do not want to go there again. I would bet that this weekend the CEO and CFO of AMAT were making plans regarding the circumstances under which they would announce a stock repurchase plan, not playing golf. Somf of the big financial institutions have a lot at stake too. They may take some steps as well. The President. Forget it. No doubt it he will be looking for a photo op. Sorry Bill. Still, Gore knows if this market crashes, he is toast.