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To: Sonny McWilliams who wrote (20250)7/22/1998 2:05:00 PM
From: Tony Viola  Read Replies (2) | Respond to of 27012
 
Sonny, us working stiffs appreciate the Greenspan news, well, at least this one does. I'm thinking of moving some 401K money from a more conservative fund into an index type fund at the end of the day. This to get today's closing prices, hopefully close to a low. Greenspan's 'it may, it may, it may'...is it possible to get a little more specific about what he said? This is what the Nando Times had to say at about noon Eastern:

Greenspan, making his second appearance before Congress in
as many days, said the most likely outcome of the spillover from
Asia is a welcome slowdown that will keep inflation in check and
prolong the current economic expansion.


That sounds pretty positive. Why is the market still sick?

Thanks for your help in advance.

Tony



To: Sonny McWilliams who wrote (20250)7/22/1998 3:43:00 PM
From: Ann Janssen  Respond to of 27012
 
Sonny,

Nope, Greenspan didn't do us any favors yesterday. Maybe we should all become analysts and weather people. I can say may happen too. <ggg> Looks like the dow is crawling back up though. Maybe it will be a wash by closing time.

Yes I did get some of "Wizs stock". Hey I'm not complaining it up quite a bit today. I know it's just being played right now and it's hard to not get greedy and take the money and run. Darn I could finance a nice trip to the intel stockholder meeting next year just on what it's done today. <gg> I guess I should have sold all that 'A...' stock!!!

Have you cooled down since the storm last night or did it get as far as you?? Hope so we have at least 6 more weeks of summer.

Have a great day!!

Take Care

Ann