SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Direct Focus Inc. (DFXI) -- Ignore unavailable to you. Want to Upgrade?


To: whenitgoesup who wrote (574)5/22/2000 11:23:00 AM
From: trilobyte  Read Replies (1) | Respond to of 768
 
Hey Walt!

do you still like Greenspan as much? Investors are
voting that he his leading the US straight into recession!
He has engineered the biggest meltdown of the Nasdaq in
20 years by increasing liquidity ahead of Y2K and
subsequently tightening interest rates to correct his
first mistake. (an let's not forget the major mistake of
twice lowering interest rates in sept. 98) 2 mistakes
doesn't make one right... Anyway, if nasdaq crosses below
3000 in a significant manner, the FED will start hearing
a few very loud political voices: democrats must be looking
at this with shocked horror (and republicans with glee).
Not exactly the type of soft landing Greenspan promised
and (democratic) politicians were counting on. Are some
starting to whisper: sack him?

Trilobyte

p.s. just watch: this post will mark a market bottom.
Everything will nicely recover. And Greenspan will bask
in renewed glory! ;)