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Strategies & Market Trends : Z Best Place to Talk Stocks -- Ignore unavailable to you. Want to Upgrade?

To: Ron McKinnon who wrote (30105)3/19/2001 9:22:32 AM
From: Kelvin Taylor  Respond to of 53068
 
True Ron, but you can't ignore AG wanted to squash the "wealth effect"

Remember he said that caused inflation.

Lets say blame ratio of: 80% FED 20% everybody else



To: Ron McKinnon who wrote (30105)3/19/2001 9:30:54 AM
From: Larry S.  Respond to of 53068
 
GLW reaction shold be very interesting. think it might not be too bad. UPDATE - GLW opened up a tad. Maybe getting the news out that everyone expected will actually be a positive. Yes, ratcheting down expectations will be a major challenge. remember, historical returns for the stock market has been 11-12%. remember my friend who bailed on a fund in early 2000 because it ONLY returned 70%. HAH! larry


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