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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Rajkea who wrote (81425)	8/18/2001 12:59:41 AM
From: Patrice Gigahurtz	Read Replies (1) \| Respond to of 99985

Do you remember where you were when the radio mentioned Greenspan's "errational exuberance" ? I recall where I was and here I am now stunned that the Naz has dropped so far. The last shoe to drop is the DOW which strikes me as just another '87 right around the corner. If the street was unhappy about 2nd qtr lack of company profit announcements what will happen if the next qtr announcements are also dire ? How could so many Feds be so wrong when they kept jacking up % rates while energy prices sky rocketed ? What were they thinking ?