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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Brad Bolen who wrote (26859)	9/8/1998 10:53:00 AM
From: yard_man	Read Replies (1) \| Respond to of 94695

Can't tell what you mean. The total of his comments were quite bearish for stocks, if you consider his comments relevant at all. He spoke at the urging of others. I'm sure it was something he was loathe to do. What did he say -- look at the quote again? Either the market rise today is irrational or the selling last week was. Take your pick and position yourself or just watch the fun. Should be very interesting in the next few weeks.

To: Brad Bolen who wrote (26859)	9/8/1998 11:04:00 AM
From: Philipp	Read Replies (2) \| Respond to of 94695

All you guys needed was for Alan G. to say he would simply CONSIDER cutting interest rates. It was so simple, it makes you wonder why the chap waited so long. I don't think that today is what Greenspan had intended. I suspect the Fed will take the next opportunity to redirect the attention to some of his more bearish comments. It is actually quite unusual that the Japanese finance minister publicly said today that Greenspan said to him that no interest rate cut was imminent. Very un-Japanese. Regards, Phil