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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (30481)2/5/2001 2:14:27 PM
From: Venkie  Read Replies (1) | Respond to of 65232
 
bored

until a rotation



To: Dealer who wrote (30481)2/5/2001 3:23:01 PM
From: J. C. Dithers  Respond to of 65232
 
Dealer ...so Greenspan wants to re-inflate the tech bubble?

Well, personally I think that economist may just be right about that. I think it's clear that while the increases were still going on, Greenspan himself was more of a moderate, against the last couple of hikes. And I think from the start he never anticipated a crushing of the NAZ to the extent that happened. It's a whole new ballgame with Bush in office, and I believe its more than plausible that Greenie would like now to see some of that lost ground made up.

There is a lot going on that we don't know about, and I think that those who are shorting the NAZ at this point are way out on a limb. Voltaire was always right about psychology being everything, and we all know how quickly that can change, and how breathtaking the change can be.

Thanks for your continued diligence in bringing these to our attention.

J.C.