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Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (10603)3/9/2001 12:20:45 PM
From: ratan lal  Respond to of 12623
 
In addition to warnings from all over, it looks like we are headed for a recession.

I firmly believe that AG would have lowered rates if that idiot Wayne Angell had not opened his mouth. Now WA looks like a genius and AG looks like an idiot who, first caused recession by rasing rates and then let the economy go into tail spin by not timely lowering the rates.

I am sure that a lot of people are hurting very badly. And today more people will jump out the windows when they get sold out for margin calls.

What we need now is AG's friends (LTCG, I think) to get into $100 billion trouble and he will act swiftly to turn this market around to rescue them.

Consumer confidence will go into a tailspin now and the whole thing will feed on itself. AG will go down in history as the meddling, bungling idiot who caused all this pain.



To: chojiro who wrote (10603)3/12/2001 11:11:36 AM
From: ratan lal  Read Replies (1) | Respond to of 12623
 
Well - another couple of points and you will have won the bet. And all that in 2-weeks !!

Guess I should give up investing in the market. 30% drops in several stocks in 2-weeks is worse than any losses i have had to take in the casinos. This market is now officially the biggest gambling den in the world.

Dont know how much market valuation has been lost in 14 days but i would venture to say its in the 100s of billions if not trillions.