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To: Glenn D. Rudolph who wrote (123802)4/18/2001 7:21:27 PM
From: schrodingers_cat  Respond to of 164684
 
>I do not know. I do know the economy is hurting big time. I also believe he should have lowered sooner but I have confidence he knows better than I.

I'm not sure wether AG is targeting the market or the economy with this move. Let's just say that if he wanted to launch the market then he couldn't have picked a better day for it.

Now the question is...how far will the market go? I think at least 2300 Nasdaq and perhaps 2800. Maybe well over 11000 on the Dow. JMO



To: Glenn D. Rudolph who wrote (123802)4/19/2001 11:42:29 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 164684
 
>>I also believe he should have lowered sooner<<

pouring gasoline on a gasoline fire usually isn't the solution to a gas fire. more drecit in a credit bubble?

pay now or pay double later. we'll take the latter. -ng-

>>but I have confidence he knows better than I.<<

greenspan created the bubble. greenspan destroyed wealth. he is worse than bezos.

the average csco retail share purchased is down about 50% - since the company went public! yes! all b/c of greenspan providing rope to the b economy (bubble economy).