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To: jmanvegas who wrote (71044)	4/21/2000 10:11:00 PM
From: waverider	Read Replies (6) \| Respond to of 152472

>>>MM: AG is raising in May & June and possibly beyond.<<< That's it. Now you know Greenspan's entire plan for the next two months. Did you have dinner with him or something? This is really pathetic. Yes, Greenspan is going to destroy this economy and thus the world's expansion just because he is so ignorant. GIVE ME A BREAK. Yeah, and the US government is so stupid it will lead us into doom like some psycho pied piper. Get original you guys. Give me facts, not FUD. God help the newbie investors that are reading this thread. <H>

To: jmanvegas who wrote (71044)	4/21/2000 10:22:00 PM
From: Tom Kearney	Respond to of 152472

A huge chunk of change was removed from the market in recent weeks ($2Trillion, no?), even with some of the snap back we've had. The primary driver of the economy is the supply of money, but there is disagreement about what actually should be included in this measure. I think it probably depends, and in our economy now, I think it possible that stock should be considered as a form of money, at least to some degree. Like some of the people in the attached article, I was near to cashing out some stock and making a large purchase, a house, and will now defer that purchase given recent events. I think this same phenomenon is happening all over. And while I don't think it is a certainty, I believe it is possible that the interest rate hikes will soon end. latimes.com Regards, TK