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Re: FOMC meeting?



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firstly everybody is entitles to their opinon and the man is quite right.how
much profits in company stocks are based on stock holdings rather than
profits in their company.see how often microsoft isssues warnings only to
see their stock drop and they buy back after it has sold off.greenspan
warned against this.how do you justify internets making no money selling for
outlandish prices with no profits to back them up.greenspan warned against
this bubble but did not do anything about it because he would not have been
renominated.every time the liar in office talked about the economy he
mentioned the stock market.people are paying five to ten times for stocks
what they were paying years ago with the same profits.the man has his finger
on the pulse of the reality of now.mutual fund inflows hane dropped to nine
billion where a few years aga they were 26 billion a month.and still the
boobs are calling for dow 36000