A few weeks ago I posted where Greenspan had told a meeting that after the last interest rate cut he had done about all he could and anything might happen with the US economy now.
So that leaves the future direction open.
I feel that after one of the greatest stock market bubbles in history during the late nineties and 2000, then we will probably experience one of the greatest corrections in history for a few years yet before we hit bottom and a new bull market begins.
