Rat dog micro-cap picks... Message Board

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Microcap & Penny Stocks : Rat dog micro-cap picks...

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To: xcr600 who wrote (16902)	1/5/2004 1:15:14 PM
From: Bucky Katt	of 48461

I have to say, what Greenspan had to say over the weekend was so fluffy I can't believe it.. On top of that, when did they admit we were in a recession? Federal Reserve Chairman Alan Greenspan took a victory lap this weekend for steering the U.S. economy through its recent troubles, Monday's Wall Street Journal reported. But even as his Fed colleagues signaled continued willingness to keep rates low for a long time, they faced the question of how they will avoid the mistake of unleashing inflation again. We also saw (Federal Reserve Chairman) Greenspan saying over the weekend that we are not in the midst of a new bubble and that has given stocks the green light," he added. On Saturday, Greenspan said that "despite the stock market plunge, terrorist attacks, corporate scandals and wars," the U.S. "experienced an exceptionally mild recession -- even milder than that of a decade earlier. There appears to be enough evidence, at least tentatively, to conclude that our strategy of addressing the bubble's consequences [inflation] rather than the bubble itself has been successful."

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