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Politics : PRESIDENT GEORGE W. BUSH
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To: Kevin Rose who wrote (135427)4/5/2001 12:52:46 AM
From: Nadine Carroll  Read Replies (1) of 769670
 
Kevin,

When it's really the bottom, people have stopped asking if it's the bottom. Bill Fleckenstein had a nice sardonic headline on his column the other day: "Buy one bottom, get the next one free".

How Kudrow can claim that any sort of deflationary credit squeeze is going on when M3 has been growing like gangbusters is beyond me. But then, I have no idea what's keeping the dollar levitating at its current prices either.
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