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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (2121)12/19/2000 6:27:32 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 4583
 
Interesting post... actually, I think the guy is very bright, but a little too slow on the draw.....<g> I think another major leg down might just be what the doctor ordered for a healthier market environment.....

Best Regards,

GZ



To: Lee Lichterman III who wrote (2121)12/19/2000 7:35:26 PM
From: robert b furman  Read Replies (1) | Respond to of 4583
 
I guess I'll just call you Dr. Pain.

P.S. Try go light on my portfolio of debt free stocks with P.E.'s below 10.ERG

Bob



To: Lee Lichterman III who wrote (2121)12/21/2000 12:16:14 AM
From: rich4eagle  Read Replies (1) | Respond to of 4583
 
bravo, such an astute post is quite masterful, however remember this and this is real important, it is much easier to stop a runaway train going uphill than one going downhill, and also the potential damage is orders of magnitude greater when the train is going downhill, so a little irrational exuberance is OK, while massive pessimism is vastly destructive, how's this for a run on sentence!



To: Lee Lichterman III who wrote (2121)12/21/2000 2:50:10 AM
From: Junkyardawg  Respond to of 4583
 
Oil is up? Check it again. It just hit a 5 month low and closed in the $25 range.

Employment to high? Did you notice that employment actually went down and more people lost their jobs even though this is the holiday season? More people are working because of temp jobs for the holidays. Wanta make a bet that the next employment numbers will be dramaticly different?

Employees getting paid too much? I thought this was America and we all had the right to make a good living for our families. As long as production is still up how much a employer pays his employees is a non-issue.

As far as washing out the mo mo trader. You should be thankful. Due to the market of the past few years new technologies have been invented and improved upon because the market was able to finance it.

One more thing while you are praising Greenspan. It is widely known that his personal wealth is tied up in T-Bills. Well, he is making a fortune while the rest of the world goes broke. Nice way to finish out your career by leaving a few more dollars for you grandkids isn't it?

dawg