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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: yard_man who wrote (6851)9/23/1998 3:46:00 PM
From: MythMan  Read Replies (3) of 86076
 
This is the CNN headline. No wonder we're rallying.

>>Greenspan sparks stock rally
Fed Chairman Alan Greenspan sent U.S. stocks sharply higher Wednesday after he said the Fed must take some action soon to contain the effects of the global economic turmoil on U.S. growth. His remarks were regarded as the strongest hint yet the Fed will cut interest rates next week. By 3:30 p.m., the Dow surged more than 200 points to 8,102. <<
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