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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ken W who wrote (24229)	3/18/2001 5:43:10 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 29382

Morning Ken, <Greenspan could give a rats butt if the stock market goes down or not. It is not his job to protect the stock market. His job is to control inflation and recession.> In years past I would tend to agree, but in these times of negative savings growth and exploding investments in the stock markets by the common man(me<g>)I think the Fed is most difinitely watching the markets,and weighing their performances heavily in their decission making process..In this day and age, I would consider a market collaspe equal to a days of old banking system collapse..IMO, controlling inflation and recession is directly related to the stock markets performance..A perfect example, office real estate prices(not to mention energy prices-still think ng will break through $5.00/mcf)..Just as bubblemania drove these prices up,the downturn has driven them down...Speaking of bubblemania, I was seeing quite a few shares of AMEN trading afterhours the other day..any opinions on AMEN, BFLY,,or maybe BIDS...gosh I miss those days<lol>....RAD's 50 MA crossed the 200MA ...;^)