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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?


To: Scumbria who wrote (358)5/10/2001 6:34:32 PM
From: chojiro  Read Replies (2) | Respond to of 494
 
The market is going up since AG and GWB cut the cr@p, in case you haven't noticed

First cut was when? Jan. 3rd? NASDAQ COMP was about 2300. The way I learned to count, that means it is down.

Sure we got a Jesus rally the week before easter, but guess what? I believe we are going down further. At least test the least test 1800. But there are a lot of gaps on the chart. All the way right to the bottom. Will it trade that low or lower? I don't know, but I suspect it might even take out "the bottom"

Good luck.

P.S. How low do you think they will cut interest rates? 3%? Maybe 2%? What happens if they lower them to 0%? Will that be more than another shot of morphine? How long until the drugs wear off?