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Non-Tech : GREENSPAN's Market Influence

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To: John Carson who wrote (35)11/15/1999 8:12:00 PM
From: Elmer Flugum   of 37
 
Alan "G" will do what is necessary to keep the economy on a narrow, tight course. I think he has done an excellent job since taking the helm.

If he and the other board members raise interest rates tomorrow, it will not be detrimental to the economy. The economy is doing well, very well.

The bond holders and high P/E stocks will be spooked, but longer term, we are fine, fine, fine.

Enjoy the ride and get on the right side of the isle for a quick buck or two.

I love this country!

Len
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