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Strategies & Market Trends : Market Direction Predictions and BS guesses -- Ignore unavailable to you. Want to Upgrade?


To: c.hinton who wrote (139)6/4/2000 11:00:00 AM
From: the Chief  Read Replies (1) | Respond to of 234
 
If worse comes to worse investors will be on their hands and knees begging him to save their butts like in '98.Would you want him to leave the market alone in a similar situation?

Don't kid yourself Greenspam wasn't in the market in 98 to help "us" he was there to help his rich buddies who had tonnes of money in LTC. LTC is no different then any other fund, if you guess wrong....you are out. The interesting thing about LTC is that Greenspam had no choice, the monetary system was under tremondous pressure, and could not afford the added pressure of LTC, so he took control....including gold and its excursions, to abeit a major crisis.

I guess if Greenspam wants to dabble in the markets forever, that is fine, but when I lose 200K on a bad investment, I then will expect from AG compensation as a minimum, or the manipulation of the market so I can get it back. Fair is fair! I don't believe Las Vegas, works the slots so their high rollers can get their money back just because they had a bad week, because I know from personal experience that they don't do it for the little guy<gggg>

So in answer to your question, the stock market is a crap shoot, you either take the risk or you don't. If the market is allowed to move under its own power, it will find its own equillibrium without AG...

Just another BS guess!

the Chief