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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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To: Lone Star who wrote (63765)	12/5/2000 11:20:07 AM
From: KymarFye	Read Replies (1) of 99985

He said, "Yeehah! Let's cut dem rates! Let's cut 'em and cut 'em and cut 'em! Who cares about inflation? I LIKE inflation. For now on, you want money, WE'll pay YOU to borrow it. Now how's that sound? You with me? You with me?" His review of what transpired in irrational exuberance-land was very rational. Expressed confidence in financial system. Seemed to lay theoretical groundwork for shift away from tightening. First time market's had a positive response to a Greenspan speech in years, I think.

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