The New Year's Market Outlook
January 8, 2001

by Curtis Lang		print version
		print version (graphics)

testI've been a little cranky this holiday season.

Maybe it's been seeing my peers hunched over their computer screens going, "Oh my God! I've got to sell these stocks. But I'm waiting for the year-end rally."

Maybe it's the fact that people in Silicon Alley are no longer talking about the next great start-up due in the spring.

Or maybe it's because I think Jim Carrey is really wasted in movies like The Grinch or that over-conceptualized monster The Truman Show.

Now, I’ve got the post-holiday post-Greenspan rally blues. Regular readers of OnMoney.com will remember that back in November, Jim Ridgeway and I predicted that Greenspan would do something melodramatic fairly soon, and that any action short of a several percentage point drop would prove ineffectual. (See Is The Sky Falling? ) For once, being right has not made my day.

And since the Street has already baked substantial additional rate decreases into