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To: limtex who wrote (39573)	9/2/1999 2:46:00 PM
From: Boplicity	Respond to of 152472

gives a link to that story> G

To: limtex who wrote (39573)	9/2/1999 2:51:00 PM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

>> What is the point of bothering to invest if the main target of the Chairman of the Fed is now the market L, since AG is the most powerful man in the financial world, it would be foolhardy to underestimate the impact he can have on the markets. But he may get some political pressure from the Democrats to stop focusing on the market, since that's about the only shot they have at re-election. Also, since AG thinks in terms of the world economy, he must be careful not to raise interest rates to the point where they will impede the recovery in Asia. Fortunately, the market seems to have developed a tolerance for his "over exuberance" routine. uf

To: limtex who wrote (39573)	9/2/1999 4:31:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 152472

<<I tell you Greenspan and his pals have got it in for the market and they mean to kill it this time. They will not let a rise in the market go unchallenged by someone from the Fed or a governor or Greenspan himself.>> My theory: Mr. G. and friends are attempting to prevent a Year 2000 panic induced sell-off by bringing the valuations down slowly as we approach year end. One of their concerns is that the usual year end tax-related sales will be misinterpreted by those who are fidgety about Y2k as the long predicted and fear rendering Year 2000 Market Collapse, igniting a panic driven stock dump. If the values are lower going into year end, as opposed to hitting new highs, any Y2k panic action will be cushioned, at least partially. Then, again, it could be something else altogether. ; )

To: limtex who wrote (39573)	9/2/1999 10:13:00 PM
From: jmac	Read Replies (2) \| Respond to of 152472

WRITE YOUR CONGRESSMAN! DO IT--I AM NOT KIDDING. The fed goes unchecked because noone speaks out against them. You are so right. This is a bad time to be in the market. The fed is gunning for the market right now. But, i strongly disagree with them. There is no bubble--there is prosperity with almost no inflation whatsoever. Don't even try to compare 80s Japan. 80s Japan was not consumer driven. 80s Japan was driven by crazy real estate inflation, bad loans by Japan baks so that the Japanese could buy up world real estate. It back fired on them and caused a spiral which they are still recovering from and it all goes back to very bad loans by Japans banks. The US investor is probably the most informed investor in the world. AG may call it a bubble and he can hide hsi money in his matress, but he should leave the rest of the US investment world the hell alone!