Greenspan is cutting rats in half! He appreciation is he doesn't have to give in to markets requests. Was it so difficult to shave off 50bps now and another 50bps in march so the money can start to flow into the system now and not a month later! It's a ridiculously silly attitude this old man has! Playing cat and mouse with the markets! And you all rats cut in half!
Someone as clueless as you will never get to me. I just wonder if you have ever siad anything of value here. If you have, I must have missed it. Please explain your reasons for believing EMC will hit it's all time high next quarter. If you are not prepared to defend your moronic statements - don't make them!
This is not at all hard to believe, I saw it coming last October. I predicted the Nasdaq would have to go to 2,000 last year and then would end the year at 2,750. Pretty darn close, but it still didn't go to 2,000.
The way all of these stocks have split so many times there's still oodles of profits left for those who got in to the market via internet trading in beginning of 1998. That's when the bubble began because of hyping on the internet message boards of stocks with potential growth, all those dotcoms that went into the $100's and all the other tech stocks. Then because of daytrading the bubble got bigger and bigger.
Only till the Nasdaq gives back all those gains and probably more will we have a bottom, because there's no growth for at least 4-5 quarters.
Don't be surprised to see the S & P at 1150 sometime this year.
Leave the guy alone ass. He may be in this mess at 80 unlike you. He is panicking like the rest of them. Some people put all there chips in this and are hurting. I know Groton and I know living there you have some dough. So don't beat the small investor down. He needs a rate cut and so do I maybe you have time to wait for a recovery. Why can't you support the guy or keep your views to yourself. JACKASS!!!!