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To: shane forbes who wrote (15329)9/30/1998 3:36:00 PM
From: patrick tang  Read Replies (1) | Respond to of 25814
 
For the Feds to hold up interest rate serves nobody by the banks only. There's no inflation, interest rate should be 1 1/2 pts lower than what it is now.

I think Greespan is going to be held responsible for this recession. In my opinion, he caused it.

STM down 4 today. Finally just about everybody except Intel's down for this round. Think this is the final capitulation or we haven't seen anything yet? The way the general stocks are heading down makes me think like we haven't seen anything yet.

patrick