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To: The Phoenix who wrote (19445)11/20/1998 8:30:00 PM
From: SouthFloridaGuy  Read Replies (2) | Respond to of 77400
 
Not really. While I admit, I was ranting about fed policy being incorrect for the long run health of the nation (in my opinion), I am not going to let my moral judgements get in the way of my monetary goals.

I have been bullish on bank stocks and foreign telecom stocks for the last month.

The Fed, in its report, "still sees lingering problems in the economy." That's absolute B.S. as far as I'm concerned, but hey, I ain't the boss. As Greenspan keeps cutting rates, he's basically writing a check to every red blooded American to go buy whatever the hell they want.

Even as I write, I notice Amazon.Com was up $27 today (been very busy studying for several securities exams -- passed with flying colors)

When I brought up the liquidity argument a few days ago, AMZN was a mere $120 stock.

-Puff Daddy