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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: jmootx who wrote (71944)3/12/2001 7:51:12 PM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
>>>The election very well could be a pivot as market historians <<<

People said Gore blew it, should have been a landslide, given the huge popularity of the clinton/gore administration and the years of stock market boom.

i don't think so, i think people realized consciously or unconciously that the jig was up with the boom times.



To: jmootx who wrote (71944)3/12/2001 10:07:18 PM
From: Rational  Respond to of 99985
 
Greenspan is obsessed with the stock market, though his job is simply monetary policy. He has no investment in stocks and does not believe the market is capable of self-correcting. What sort of a clown! Fisher Black once asked Greenspan (in the BOG room) to lock up the FED building and leave, for economic agents know how to set even interest rates based on demand and supply for money and the FED merely follows the Street!

Message 15491392



To: jmootx who wrote (71944)3/13/2001 3:07:55 AM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 99985
 
Hi jmootx,
'accurately that most programming for dates go by YYYMMDD (1900 based)'

For more recent software of the 90's I would concur, however in my experience I have many customers who were running software designed in the late 70's to mid 80's, small to medium businesses in construction, food manufacture etc... Admittedly some of this software 'looked' modern but that was often simply front end changes, leaving the underlying deficiencies intact. In many cases the cost to 'fix' old software was equal to or greater than a new certified 2000 package with added bells and whistles as a bonus.

In the 70's and early 80's saving 2 bytes of storage per record was (believe it or not) a big deal hence 2 digit years.

I made a LOT of money because this software simply did not function properly after 2000 :0)

Not defending Greenspan here just giving a reality check to your Y2K sources.

As far as the Latin American immigrants (or most immigrants for that matter) I heartily concur.

regards
Kastel