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To: Cynic 2005 who wrote (59087)	8/27/1999 2:05:00 PM
From: Ken98	Read Replies (1) \| Respond to of 86076

<<But Greenspan added that it was extremely rare to see the kinds of sharp ascents in prices that would represent the opposite of a crash. He said the Fed was as likely to respond to any sharp jumps in stock prices as it would to sharp drops but because such extreme rises occurred so much less frequently, Greenspan said that it might create the mistaken impression that policymakers were more concerned about market declines.>> Maybe someone should draw him a picture: iqc.com Let me get this straight, the NDX increases in value over 100% in less than 12 months and this is not an "extreme" rise. Looks like a "crash" up to me. Any bets that if the NDX went DOWN in value 50% in 12 months that the FED would be falling all over itself to pump it up? Greenspan is a dottering old fool...