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


To: Jim Willie CB who wrote (34226)3/21/2001 7:38:32 AM
From: edamo  Read Replies (1) | Respond to of 65232
 
jimmy....couldn't agree with you more...

to expect more then a half point from greenspan was pure folly, as it would be unprecedented.

this is a market of excess, with most participants lacking experience in slowing economies. but still expectations are high........no true sense of reality of business exists in the equity markets. it can be seen on the threads with investors still embracing companies that have never turned a profit...conversely great companies with global brand name recognition are being sold off, share price wise, because they are failing to make higher revenues and profits....and the reality is many are very profitable....

the bar has been set very high over the last years, for stocks and economy....all is relative, those that have only experienced mega growth are frightened with an end of the world scenario....it's not good, but the real world economy has experienced much worse and always have recovered...

jimmy, cash not so bad....opportunity will come back...always has, always will...just be ready for it...

ed a.