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Is there a consequence free way to prop up the market?
If yes, then we should never need to see a bust.
If no, then which is the worse consequence, the bust, or the bust then will
come after?
At 04:28 PM 8/8/99 -0500, BobsKC wrote:
>On this topic.. I wonder what Greenspan would think about a huge down turn
>in the equity markets and the resulting devastation of American's savings?
> An already debt ridden populance losing the only savings they have. No
>charts, no history, no principals can possibly take into consideration this
>huge influx of the average joe into the stock market. Greeny worries a lot
>about destabalizing the economy and a washout of American savings isn't
>exactly a warm and fuzzy contemplation.
>
>Bob
>
>
>
>
>At 02:36 PM 8/8/99 -0600, you wrote:
>>As I see it, it shouldn't matter to the trader if there is manipulation or
>>not. You should be prepared for all contingencies. From what I'm leaning
>>there is some degree of manipulation going on in all markets at least some
>>of the time so plan on it.
>
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