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Technology Stocks : Dell Technologies Inc.

DELL 133.35

+0.1%

Nov 28 9:30 AM EST

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To: stock bull who wrote (140865)	8/28/1999 10:14:00 PM
From: jhg_in_kc	Read Replies (1) of 176387

GREENSPAN AND THE OLIGARCHS Stkbull, You are absolutely right. greenspan may be proposing to make the equities market a leading economic indicator to be watched along with the CPI<PPI<durable goods orders, consumer confidence indexes, unemployment claims and the like. He is frustrated that he cannot stop what he has called "irrational exuberance" and may propose changing the way the Fed operates in order to deal with stock market price levels of which he, a Tbill owner, does not approve. I think this is damn near close to socialism or more accurately oligarchic control of the marketplace!!! and a far cry from Greenspan's Ayn Rand origins. If the fed has the power to say the stock market is too high, and then set about bringing it down, I for one will get out of the stock market for good. CLearly it will be rigged. Doesn't anybody else see this very great danger, or is it just me? jhg

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