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To: SouthFloridaGuy who wrote (45159)12/20/2000 2:23:51 PM
From: Tunica Albuginea  Read Replies (2) | Respond to of 77400
 
Everytime Gore challenged the election the Nasdaq fell.
Everytime Bush won his point the Nasdaq rallied.
It was even reported in the Wall Street Journal.

There would have been a Nasdaq rally except for Greenspan's
misguided policies.
The moron first inflated the Nasdaq by unnecessarily printing
excessive money and now not realizing
that there is no inflation , a token, at least , rate cut was in order.

I am interested in what is guiding Greenspan in all this.
He engineered a recession in 1992 and he still hasn't learned that
the Economy is dynamic, it moves,
if you are going to be proactive to fight inflation
( which I agree with ),
then you also have to be proactive to fight downturns,

TA

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Message #45159 from Stock Operator at Dec 20, 2000 2:09 PM
What the heck does the election have to do with today while the Nasdaq has broken key support?

All the pundits were calling for a rally once Bush won...