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To: Lance_Lewis who wrote (116195)8/8/2001 8:25:49 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
indeed! nice read.



To: Lance_Lewis who wrote (116195)8/8/2001 8:30:03 PM
From: The Freep  Read Replies (4) | Respond to of 436258
 
Out of curiousity (to the whole thread). . .

This wonderful Greenspan quote

"Once stock prices reach the point at which it is hard to value them by any logical methodology, stocks will be bought as they were in the late 1920s – not for investment, but to be unloaded at a still higher price. The ensuing break could be disastrous because panic psychology cannot be summarily altered or reversed by easy-money policies."

Alan Greenspan, 1959

Anyone know where it comes from? It seems to have appeared and been instantly zapped around every corner of the Internet, but never with attribution beyond the year. Anyone know?

the freep