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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (11348)5/15/2001 12:57:02 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 15481
 
Hey, I like a good conspiracy theory. Everyone knows that.



To: John Pitera who wrote (11348)5/15/2001 1:00:26 PM
From: Augustus Gloop  Read Replies (2) | Respond to of 15481
 
Ok folks.......now I'm going to go out on a limb.....and please understand this is an opinion. I don't want any arguments since I am entitled to my opinion and you are entitled to think I'm wrong. Greenspan is Sh!tting bricks right now. Consumers have no money and what little they are spending is not enough to get the economy moving. Many think that today is maybe the last of the rate cuts.....they are wrong. IMO we will see cuts of up to 150 BP's including todays cut. And don't be surprised if he comes out and shocks the market one of these times with a cut that exceeds 50 beeps. They need the market to create enough wealth so as to allow people to exit dead money positions and SPEND THE DOH! Please.....I don't want to argue so don't reply.....just file it away and tease me or congratulate me later.

Thank You

Gloop