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Strategies & Market Trends : Waiting for the big Kahuna
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To: Haim R. Branisteanu who wrote (21610)7/14/1998 9:55:00 PM
From: Bonnie Bear  Read Replies (1) of 94695
 
It's all just a coincidence. Like every time I see Hillary Clinton seated next to Alan Greenspan, I wonder why Chelsea looks so much like Alan, and then I shake my head and say to myself, no.....NONONO....
but I do wonder just how it is that the most overpriced stocks seem to have some connection with Goldman Sachs in their IPOs, how it is that the place where the S&P turned linear coincides with Goldman's partner Rubin taking over the Fed in Jan 1995, how it is that Goldman was the one that was rumored to have propped up the S&P with options last October. And so, the question of the day, is....just why is it that Goldman, after its 120-odd year history, wants to go public now, in the Wall Street equivalent of a shotgun marriage? Could some insiders desperately want to get their money out at the top of the market?
And if they got it out, where would they put the money? Strange.
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