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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: steve dietrich who wrote (357468)	2/11/2003 1:22:42 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 769667

Greenspan looks like he wants to shore up the thing somehow and get out before the house of cards comes crumbling down.

To: steve dietrich who wrote (357468)	2/11/2003 1:44:38 PM
From: CYBERKEN	Respond to of 769667

There IS no cost, you economic illiterate, and you leftie SLIME just keep ignoring Greenspan's constant main message that left wing social welfare spending is damaging the economy-not tax reforms, which, AS HE SAID, increase economic growth. Liek all lefties-you obviously turn the volume off on your TV whenever he appears...

To: steve dietrich who wrote (357468)	2/11/2003 1:49:01 PM
From: sea_biscuit	Respond to of 769667

See the S&P go through the 839 resistance level and was unable to stay there? We will re-test the 770 levels sometime this year. If the re-test happens before April, we might make a small rally to 850 or thereabouts. Once that rally (probably caused by the start of the war) fails, the next re-test will fail and we will go straight down. Most technicians say that there's no support until 650, so that's where we might end up by October this year, and finish the year with a rally to 700 i.e. a loss of about 20% for the year.