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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (96461)7/2/2002 12:45:52 PM
From: BGR  Read Replies (1) | Respond to of 132070
 
Mike,

You have too much of a market focus. Focus on the economy instead. It was a market focus that caused the Feds to raise interest rates and hurt the economy. Don't repeat their mistake.

If in the face of the NASDAQ falling by 80% from its peak the economy keeps a positive growth rate, I find it hard to imagine that a 90% drop in the NASDAQ (as you mention) will change the situation much.

And, finally, I won't be that rude.

-BGR.