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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Slagle who wrote (63095)5/1/2005 6:23:49 AM
From: redfish  Read Replies (2) | Respond to of 74559
 
Imo it is not an attempt to get people to buy at the top, but an attempt to get people to keep buying, period.

Remember when the dow was dropping three hundred points a day and Dick Grasso was on television begging people not to give up on the stock market?

If people go back to keeping money in savings accounts and paying down their mortgages nobody on Wall Street gets a bonus.