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To: Chris Carlson who wrote (50211)3/20/2001 6:45:21 PM
From: John Liu  Respond to of 77398
 
Agreed. If the market ever had a Pro Market Fed then the nasdaq might have reached 15,000 BUT the fall will be a whole lot worse and the big money would abandon the US market completely since it would lose credibility of being independent. Even though I am deep in the Red I still think Greenspan is making policy that is right for the Nation even if it hurts the market in the intermediate term. Independent FED is one of the big reasons the US is still thought of as a safe haven.

John