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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: American Spirit who wrote (46572)	2/4/2001 12:51:57 AM
From: maverick61	Respond to of 57584

So I guess I can take that as a no on the wager. LOL - doesn't surprise me. If you felt strongly about what you write, I would think you would want to stand behind your words and beliefs. Oh well. In any case, you mentioned a couple things: "Greenspan will cut as NECESSARY. If the market starts crashing down again he will move in aggressively" As I mentioned in a previous post, Greenie is not there to bail you out as an investor. I really believe you are deluding yourself to think that after the 1 point cut last month, that Greenie will jump in and cut drstically again if the markets don't act how you like. I hope no one else on the thread has this belief - if they do, I sure would like to hear from them why they believe this. "If the techs come under more attack I think we might just see a quick 1/4 point cut on Wednesday or so." You have to be kidding. A 1/4 point cut on Wednesday if techs sell off? That IMO is just absurd. "But I understand the worse it gets the more Greenspan will cut. And I do believe a whole point cut by March. But that's my guess and 1/2 or 3/4 or 1 1/4 wouldn't surprise me either." Ok, I don't get it - you persist in saying a 1 point cut by March - and yet you won't back it up with a friendly wager. no courage of convictions? Obviously you can believe what you want, but I think you are dead wrong, and you are deluding anyone else who reads those comments and may not know better. Thats why I offered the friendly wager. If you don't want to back up your words with the $100, at least do everyone a favor and at a minimum include a big disclaimer on such far out beliefs. While I wish you would stop posting that Greenie will bail everyone out with another point cut this month if the market goes bad, that is obviously your right. but to do so in a manner like its a fait accompli is misleading and unwise. maybe I am worng and a bunch of other folks here on the thread may believe Greenie's job is to bail out the individual invector and will cut another 1 point in March - but if they do, I certainly don't hear them saying so. "so if you're a bear you can short the dips and we'll see who comes out ahead" "Good luck with your shorts, but cover quickly (as in profit often" Why do you interpret my comments as bearish or those of a short seller. just because I disagree with you? I am just realistic - and as my posts have pointed out, I am in a mix of NYSE fed easing plays, some tech, and cash. I am bullish by nature - but have learned to trade both ways. I typically only short intraday - with only a rare short held overnight. 90% of my trades or investments are still to the long side. So, don't consider me bearish or a short seller - I just have a realistic outlook. PS - I really would be interested in hearing from anyone else on the thread if they share the same "Greenie will bail us out" and "another 1 point cut by March" views as AS here. I just can't fathom anyone truly believing this - and I'd like to understand why someone would. Thanks