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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Rainy_Day_Woman who wrote (16637)	8/31/2002 6:00:24 PM
From: Lazarus_Long	Read Replies (1) \| Respond to of 17639

Maybe we should take turns censoring what Jorj reads so we can keep him around. :-) If AG is mentioned, it's a No No. Jorj is right though. If AG had nothing else to do with creating that bubble (and I'd say he had a LOT more to do with it), he caused that rapid rise in the Naz in 1999 when he either swallowed the Y2K hoax whole or used it as an excuse to open the money spigots wide. When he woke up to what had happened, he slammed on the breaks and stayed on them way too long- -causing this recession. "As events evolved, we recognized that, despite our suspicions, it was very difficult to identify a bubble until after the fact--that is, when it's bursting confirmed its existence" Huh? Say what? I recognized that as a bubble, and I was hardly alone. There are signs to look for and they are publicly documented; they're not closely held secrets of some Wall Street cabal. I thought this sort of thing was his job.