Zeev's Turnips Patch-No Politics (ZEEV)

[marvin1946]

WLD,
But lets be real here. Nasdaq has dropped 3800 points. This is beyond a crash. This is a negative bubble much like the one that occurred between naz 4000 and naz 5000. I think it took a week to go there back then. We have dropped almost 900 point from the 2100 high way back in the beginning of the year. Thats 40% and most of it occurred in what, 10 weeks or so. I think we are there. I think this rally might be sparked by some news. I just have a feeling about that. Paul Krugman said fed should lower rates and bush should grant emergency aid to states while at the same time putting tax cuts on hold. If he really understands what happened to his Dad he will do this and the fed will act. It will be seen as a responsible thing to do and the markets will go up. Then fire the O'Neill and bring in non-corporate types to run treasury. How about that kind of dual bush-greenspan announcement tomorrow morning before markets open or NOW. When i write this, i sort of know i am whistling in thedark and again i say for the first time since the election i wish Gore was president. Tired marvin