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To: Chris who wrote (3835)9/8/1998 4:58:00 PM
From: Jurgen Trautmann  Read Replies (2) | Respond to of 11051
 
Greenspan was OK for me too - if I knew what he says the day before.

The influence of this man to the US-markets is incredible - in my opinion out of every reason and therefor dangerous.

He said nothing. Nothing of substance, and nothing new. More, nothing has changed since last week, and who would bet that we will not see a new selling soon?

I heard some s**t like "lower interest rates would cause a lot companies to buy more credits and to invest that money in computers - therefor Dell and IBM should make better profits..."

That's in every meaning of the term weakminded. Nobody in the industry would change his investment-projects after a 1/4 or 1/2 point change in interest-rates.

That was only one example of the silly reports from the markets today. They must spay psychopharmakas in NY and Chicago...

Yes, you're right, I'm just angry because I was not enough invested...

But I came not to the "markets" with my loved money like a midage-US-women goes Vegas - I hope for a rest of resonability.

Jury



To: Chris who wrote (3835)9/8/1998 11:20:00 PM
From: John O'Neill  Respond to of 11051
 
Lowering interest rates will not solve the problem in my opinion.
Japan has tried that...I see inflation ahead in the US, together with a liquidity problem which may be compounded by the cost of the 2000 bug.

JO