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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: bobby beara who wrote (3254)8/26/1998 5:34:00 PM
From: gregor  Read Replies (1) | Respond to of 5676
 
bobby;
isn't it a little surprising to see the Russell 2000 continuing to take it on the "chin". Do you think we will hold 350 on the Russell if we hold 8000 on the Dow. Do you think we could test 300 on the Russell if the Dow goes to 7000. I do. gregor



To: bobby beara who wrote (3254)8/27/1998 1:33:00 AM
From: Investor-ex!  Respond to of 5676
 
bobby,

He'll [Greenspan] lower rates after we crash.

At least a drop in rates will have a chance of doing the economy some good then. If he lowers rates here, we either waste a bullet while the market churns some more or we get to crash from even higher levels.