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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (8425)9/6/1998 10:46:00 PM
From: Razorbak  Read Replies (27) | Respond to of 29382
 
Greenspan's Comments

<<Greenspan's comments about lowering interest rates this weekend strongly indicate he is on threshold of doing this>>

LOL! I wish I had a nickle for every time Greenspan made a comment and then failed to follow through with action. I wouldn't have to hang around SI anymore 'cause I'd be rich. <vbg>

Razor



To: LTK007 who wrote (8425)9/6/1998 10:46:00 PM
From: James Strauss  Respond to of 29382
 
Good point Max...

If we continue to get selling into rallies it's all over for this Bull market... Tues and Wed will be interesting days...

Keep this in mind... Greenspan is currently 100% in Treasuries... I would think it is to his advantage to let the market fall further so he could shift his money back into equities at lower prices... What a terrible thing to say... : >

Jim