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To: Uncle Frank who wrote (2899)3/10/2001 4:12:05 AM
From: Joe Wagner  Read Replies (1) | Respond to of 4808
 
Hello Uncle Frank! It is good to see you posting on the Son of San thread. The Gorilla and King Portfolio thread is a good one, and you do a good job there.

Regarding Greenspan, I am hoping he knows what he is doing. I think he took us into a deeper down cycle than normal, because of his fears that overemployement and tight energy, would result in a hard to control burst of inflation. It is interesting that we had a small bounce up in inflation a month ago when the economy was supposed to be slowing dramatically. I would guess that major inflationary forces would be emerging from the woodwork right now if he hadn't slowed the economy. I think at some point big money will want everyone to buy again, and the news releases will come fast an furious with positive news to boost up investment.

Cheers,
Joe