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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (26839)1/29/2003 1:38:48 PM
From: Win-Lose-Draw  Respond to of 30712
 
it was probably already too late in '99. he sowed the seeds of his own legacy-destruction at least as far back as '97. one money-printing bailout after another...



To: Jeffrey S. Lillie who wrote (26839)1/29/2003 1:51:20 PM
From: Rich1  Respond to of 30712
 
Agreed..



To: Jeffrey S. Lillie who wrote (26839)1/29/2003 2:06:51 PM
From: sun-tzu  Read Replies (1) | Respond to of 30712
 
imo greenspan's senility dates back to at least 1996 and his irrational exuberance speech. somewhere after that he lost his marbles and convinced the governors of the federal reserve that increased worker productivity would lead to the "new economy" and inflated whenever possible.

the george gilder of central bankers, our pal al greenspan is the SOLE reason for the bubble.

as an aside, the FOMC was castrated years ago. their decision here is meaningless...we tank after the announcement no matter what they say.