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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: westpacific who wrote (19058)10/15/1999 11:26:00 PM
From: amadeus  Read Replies (3) of 108040
 
west, some followup reading about the Oct. 19th, 87 black monday crash.. sf.frb.org
and the feds intervention (a review 10 years later). Its interesting that monday will be almost exactly the 12 year anniversary of the Oct. 19th black monday in 87.
In light of this I find Greenspans comments Thursday, or rather I should say the comments he made in the context of the precise timing regarding this anniversary, and the release of unfavorable PPI information, to be irresponsible. Its seems quite intentional, as if to prove a point to the bankers he addressed thursday night.
found the link in this interesting post about the federal reserve and 'asset bubbles':
Message 11526608
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