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To: Defrocked who wrote (6822)9/23/1998 12:37:00 PM
From: MythMan  Respond to of 86076
 
alot of max pain being doled out to the bears today. May explain why this thread is silent <g>



To: Defrocked who wrote (6822)9/23/1998 12:44:00 PM
From: yard_man  Read Replies (2) | Respond to of 86076
 
Decision time coming up for the market? S&P approaching or through upper trendline? Fundamentals are the worst they've been in many years.

Screw the charts -- I'm sticking with fundamentals.



To: Defrocked who wrote (6822)9/23/1998 1:09:00 PM
From: Defrocked  Read Replies (3) | Respond to of 86076
 
Greenspan's comments should be posted here shortly
after, sometimes during, delivery.

bog.frb.fed.us



To: Defrocked who wrote (6822)9/23/1998 8:50:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
If Greeny drops the rates at this juncture, I think he sold this country to irresponsible speculation. If he does that anyway, a) we will see an unprecedented piggish rally (DELL at 100 in 2 weeks, YHOO at 200 in 3 weeks); OR b) the dollar will tank against other major currencies, foreign capital flees and the market tanks.
I think the most possible outcome (90% probability) is (b) what do you think?
-MMV


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