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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Junkyardawg who wrote (25998)4/4/2000 11:27:00 AM
From: Cheeky Kid  Read Replies (1) of 63513
 
I heard something on the radio that Greenspan said in a letter that he believed that he had little effect on what the market does.

YA fricken right.

What doesn't the Fed just up rates 5 points, like I said before and really cool off the so called "Over heated economy"

If it was NOT so easy to buy goods now-a-days, you would not see this consumer spending. A homeless person can buy anything on credit, as most stores have their own credit cards and have leasing plans for almost any product.

According to MIT Professor Emeritus of Economics Dr. Franco Modigliani, on a CNBC interview last week, said the Dow stocks are 20% over valued.

So let the sell off begin on the Dow!
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