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To: NOW who wrote (30773)2/9/2002 5:18:53 PM
From: velociraptor_  Respond to of 209892
 
True...and if you've noticed the FED njections get bigger all the time, but they are now having less of an effect. 10-20 billion of liquidity in a day would have boosted the Nasdaq by 100 points. Now it barely keeps it afloat.

Like an addict on drugs, you have to get bigger doses to keep the high...until you overdose of course.



To: NOW who wrote (30773)2/9/2002 6:38:13 PM
From: oldirtybastard  Respond to of 209892
 
are we range bound with excessive valuation capping the ceiling and liquidity the floor as it is becoming fashionable to say?

sounds like a company or country one would not want to invest in, for the long haul. never mind, lets get this bull market started. -g-


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