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To: Bonnie Bear who wrote (1520)4/3/1998 7:54:00 AM
From: Tom M  Respond to of 86076
 
Bonnie, funny you should comment on Greenspan giggling. This AM on Bloomberg, they showed a clip of Greenspan actually smiling and laughing as he quite comfortably expressed that the market is not overpriced. The piece was titled "Rational Exhuberance". Will be fascinating to see if he's going to allow himself to be made into a contrary indicator, or if they're really going to make the record short interest cover.

regards,
Tom



To: Bonnie Bear who wrote (1520)4/3/1998 9:21:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Yeah, as long as the piper doesn't have to be paid. It's a one time goose. Let them revel in it. Slick talked about Regan running the country into the ditch -- that was nothin'.