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Technology Stocks : Dell Technologies Inc.
DELL 134.22-1.3%3:24 PM EST

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To: Eric Ridley who wrote (53587)7/23/1998 7:33:00 PM
From: jhg_in_kc  Read Replies (2) of 176387
 
chuz,greenspan victims: Fed targets DJIA next as a cause of inflation. now that rising wages doesn't happen. now that the cpi and other cost of living indicators actually show deflation. now that the asian crisis has proven beneficial. now that budget deficits are gone and actually turned into surpluses. now that the cost of goods doesn't go up at all.

no wage cost inflation. no price inflation. no deficits. these were his excuses for raising rates before; they don't work now and are not likely to anytime soon in the NEW ERA. So what will Alan do?

i tell you the fed will soon come close to revealing its real mission (which i described earlier in my more facetious post): to raise interest rates as needed to keep US financial power in the hands of secret society of all male, Eastern, WASP, Ivy League-educated, Skull and Bones plutocrats and the prep school educated flunkies who marry their daughters.
BUt first Alan will have to come up with a new pretext and it will be--THE STOCK MARKET IS TOO HIGH AND THIS IS A WARNING OF INFLATION TO COME. (I.E. THE NEWLY RICH WILL SPEND THIER MONEY AND THIS IS BAD)
USING THIS NEWLY MANUFACTURED INDICATOR, THEY WILL DRIVE THE MARKET DOWN FOR THE GOOD OF THE COUNTRY. (FOR COUNTRY READ "ALAN'S EMPLOYERS"

i AM NOT KIDDING GO TO THE FED WEB SITE. AND LOOK SOME OF GREENSPAN'S RECENT SPEECHes. they are already contemplating using the DOW Jones average as a target, citing the "bubble" experience of Japan's market.
this is an outrage and i say impeach the s.o.b if he tries to do this.

so far since i've owned dell the one thing that has driven the stock down the most is greenspan. not compaq or gateway or the whisper numbers. but greenspan. if you could put greenspan remarks on a chart like earnings reports or splits you would see.

and what really pisses me off? there is no need for this exercise. the stock market is fine. leave it alone. the economy is fine. leave it alone. but no, greenspan's bosses have told him to f**k the rising middle class. this a blood sport for some of these Old Blues.
jhg
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