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To: AllansAlias who wrote (37891)11/15/2000 7:35:22 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
i disagree. good grief what do you think the last 6 mohnths of battling has been about???? Naz has tested 3k repeatedly for almost a year now. once we break for real, it will go FAST.... the question is when it begins. it coudl easily begin tomorrow, imo

if the SPX ends the week at 1250ish, we'll get a crash next week. if not.. we won't...



To: AllansAlias who wrote (37891)11/15/2000 10:06:02 PM
From: sammaster  Read Replies (1) | Respond to of 436258
 
the is no way that greenspan can lower rates to jumpstart the economy...
inflation is speeding up...
if rates are lowered then foreigners would dump their american bonds and sell their dollars...
the only reason that foreigners are still holding US securities is that in their currencies they have not lost as much as us because of the rising dollar...any weakness in the dollar/lower rates will cause redistribution of funds elsewhere...
also if europe raises their rates then people may decide to buy the cheap euro will little downside risk and almost equivalent intersest rates whereas the dollar is more vulnerable...

samir