Tuesday, October 4, 2005

GREENSPAN DEPARTURE FACTOR...

The retirement of Greenspan in January could be a major market negative as the dismal 4th quarter ends...

A change of this magnitude has not been tried since 1987...and we all know what happen in that annus horriblis.

Today's Dow plunge may have been merely a down payment on what is to come later in October... Stay tuned.