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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Win-Lose-Draw who wrote (6168)	9/3/2002 10:03:30 AM
From: Boca_PETE	Respond to of 30712

WLD: RE: ("Greenspan used to be a bit of Randite...very difficult to reconcile that .. info to his actions at the fed ") Yes. Instead of following the retrace, Greenie is busy trying to change his legacy by making speeches that he had no way to spot the bubble or do anything about it. This despite Fall 1996 documented FED minutes that show Greenie discussing what to do about the bubble. This from the man who know better that raising margin interest rates would send a message to speculators, but who instead killed the economy by raising interest rates so as to give "the little guy an opportunity to participate in the speculative mania and get wiped out with the big boys. Greenie, have you no shame? Yes, Jeff is no Greenie. His proud confident independence is much more easily reconciled to the spirit of Ayn Rand's characters and teachings. Who is John Galt? P