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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (9521)9/16/2001 9:51:02 PM
From: Ramsey Su  Read Replies (2) | Respond to of 74559
 
Jay,

I don't know if you get CNBC, US version, from wherever you are. They have a special on right now and the pump machine is firing on all cylinders. "We" are NOT SELLING. I think that is a script. Trying to be objective, I did not hear anything logical other than desperate pleas.

It is no secret that Greenspan is standing by to play his cards at the moment he deems appropriate. Would that do the trick?

My concern is if all this pumping does not work, then what?

I wonder how many Americans were out looking at houses and kicking tires this weekend?

Asian markets are selling off. Would Europe follow? I guess we will find out in 12 hours.

Ramsey