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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: chojiro who wrote (250)	1/3/2001 5:56:24 PM
From: BWAC	Respond to of 494

No it is not what we are debating. But good trading anyway. Actually I forgot what the original debate was. But I do know that the interest rates were hurting the middle class and taking the working class of the country under water a little more each month. Either through job loss, higher house payments, higher credit payments, or losses of savings in the market. And all Greenspan or any other responsible person of authority had to do was put a stop to the endless hyping of what great buys $20 Billion companies with $5 Million of Sales were. The brokerage houses could have acted responsible and not pumped this shit out to their customers. Or Greenspan could have made speeches on the subject. Any high profile regulatory agency would have done the job. But instead, the brokerage houses took advantage of their willing yet unknowing customers, and Greenspan lowered the boom on every consumer household while attempting to end the insane specualtors. A total lack of responsibility and forethought, all the way around. If nothing else comes of this whole fiasco, I sincerely hope the people wake up and never ever do business again with the brokerage houses that pumped the shit out to them as investments.

To: chojiro who wrote (250)	1/4/2001 1:37:44 AM
From: Master (Hijacked)	Read Replies (1) \| Respond to of 494

"...I went in and covered my three remaining short positions. I got really lucky to say the least." With Nasdaq more than 60% off its high and many quality companies trading as much as 70%-80% off of their highs, what type of ignoramus dumb selfish pig maintains a short position? If you think investors buying on Dips were dummies, the word doesn't yet exist to describe those who were still shorting today. BTW, I'll thank Mr. Greenspan on your behalf. But you can call him Mister Grinch.