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

To: McNabb Brothers who wrote (25169)	12/14/2000 7:36:00 PM
From: stockman_scott	Respond to of 65232

<<. IMO he sees the economy slowing very very fast and he will take action next week!>> I agree that Greenspan will step up to the plate and lower rates. He is late in responding to the signals of our slowing economy BUT IMO he knows he must make up for lost time...Next week could be a very strong week for the market....Just my view. Best Regards, Scott

To: McNabb Brothers who wrote (25169)	12/15/2000 2:00:22 AM
From: Dr. David Gleitman	Read Replies (2) \| Respond to of 65232

Havent posted in a while. Too shell shocked and devestated over the past several months. Realizing that the losses that I sustained will never be recouped. One thing that I fouln to be so ironic is that everyone got so hung up on the "bias". Greenspan raised rates six times under the guise of a neutral bias. When the bias was turned negative, there were no further rate increases. So what's worse, the actual rate increase or the spectre of a negative bias with no actual rate increase? I got suckered into going back into the market this week in the hope/delusion that with a supreme court decision and decision going in Bush's favor (personally, I wanted Gore), I thought that the markets would reverse themselves. Got kicked in the ass once again. Finally punched out of jnpr after getting back into it at 164 and punching out at 155 and 140 respectively. Now only left with some leaps (2001's, OUCH) and some rmbs and mygn. Managed care devestation on one side, market devestation on the other. There doesn't appear to be any safe sectors anymore. Tech, biotech, banks, auto, finacials, oils (off their peaks?), maybe thats why all new office buildings have sealed windows. David