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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: 1podstock who wrote (9133)11/29/2001 11:02:19 AM
From: Softechie  Read Replies (1) | Respond to of 99280
 
I believe our goverment helped the Naz at 1400's and up to 1600's but why would they want to create another bubble? I don't buy that PPT is working now.



To: 1podstock who wrote (9133)11/29/2001 11:13:33 AM
From: sylvester80  Read Replies (4) | Respond to of 99280
 
I thought the FED's business was wanting the economy higher not the markets higher. Getting the markets higher on irrational exuberance does not help the economy one iota. Neither does it help the record of millions of unemployed. Especially since most of these unemployed not only have been let go but also have seen their 401K nestegg disappear.

IMO, the second bubble has burst and you will know it when we hit 1600s again.