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To: flatsville who wrote (59486)1/18/2001 6:49:56 PM
From: KeepItSimple  Read Replies (1) | Respond to of 436258
 
>in the last half of 1999, just before the big blow-off top in the Naz,

Correction, that was not a blow-off top. At worst, that was a left shoulder in a head and shoulders pattern that is going to take us to Naz 8000 before the year is out.

Just remember, the stock market IS our nation's economy.

Nothing else matters except supporting the bubble.

We've built this monster for ourselves, and as a nation we have no choice OTHER than to try and keep the market inflated. The alternative is too terrible to even consider.



To: flatsville who wrote (59486)1/18/2001 11:03:50 PM
From: NOW  Read Replies (2) | Respond to of 436258
 
Manipulation of productivity #'s allows the FED to overinflate the money supply , whilst temporarily hiding the damage being wrought.
It doesnt matter what the proximate excuse for the behaviour is: hiding its damage is all that matters until it cannot be hidden any longer: we are approaching that point, IMO...


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