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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (22709)12/7/2000 4:14:59 PM
From: jcky  Read Replies (2) | Respond to of 65232
 
JRI,

We seem to actually agree on many issues.

In the big scheme of things, this is still a buying opportunity for many high quality tech companies here. There has been only one worse year for the Nasdaq; and quite frankly, I find it difficult to imagine our economy imploding like the Japanese.

I remain wary of our entire financial market resting on the shoulders of Uncle Al and the Feds: that's a recipe for disaster, in my humble opinion. It also dispels the myth our equity market is based on free market principles, when in fact, the Feds are our safety nets.

Regards,