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To: TobagoJack who wrote (49236)2/21/2001 11:09:38 PM
From: Stock Farmer  Respond to of 77400
 
Duooooh... sorry Jay, What could I have been thinking???

Folks, please disregard my last post, and pay no attention to the man behind the curtain.

John.



To: TobagoJack who wrote (49236)2/21/2001 11:35:14 PM
From: Steve  Read Replies (3) | Respond to of 77400
 
Jay, Greenspan's focus is the economy not the stock market nor any particular sector of the economy. However, lowering short term rates of interest will stimulate economic activity with some indefinite lag time. There is a high correlation between a growing economy and the appreciation of assets. Beyond that circuitous link anyone who believes Greenspan is targeting the stock market for rescue is a fool.


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