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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Wildstar who wrote (25348)	10/15/1998 11:05:00 PM
From: Big Bucks	Read Replies (2) \| Respond to of 70976

Wildthing, I like your argument, the same thoughts/questions that I was contemplating. Wouldn't it be interesting if Allan G. had significant positions in stocks/options that weren't performing well, Hmmmmmm. Maybe a conflict of interest, maybe a way of allowing big players to cut their losses to allow them to get out before the soft landing so they have cash available to stimulate the economy next year? Hmmmmmm, so many questions? Just my opinion, BB

To: Wildstar who wrote (25348)	10/16/1998 4:31:00 PM
From: Justa Werkenstiff	Respond to of 70976

W: Re "But the Fed. is on the side of the investor. If you're long. What ever happened to the notion of a free market? Coming out with a surprise rate cut in the last hour of trading on the Thursday before options expirations (index expirations occur at the open tomorrow right?) smells of blatant manipulation to me." Hey, it is a free market. You are free to listen to Greenspan or ignore him. Read his speeches the past few weeks and tell me what he is saying. He gave you warning by his previous cut and he addressed the issues surrounding the cut ad infinitum since then giving you warning to take cover. Re: "The Fed. is long the market and it never, ever pays to bet against the Fed. Then why did Greenspan come out with the irrational exuberance speech last year? Why was the fed leaning towards tightening earlier this year?" Different times call for different measures. We have had irrational fear in the markets the past few months. Read the speeches of Greenspan and see him talk of this openly. Re: "One question : if things are so rosey, then why did Greenspan have to step in today to "take the shorts to the cleaners?" Who said things are rosey? Not me. He took the shorts to the cleaners because he wanted to send a clear message that he plans to do what it takes to set the economy right. He fired several shots across the bow of the professional shorter. Would you expect anything different? In addressing the economy, he just happens to be on the side of the long investor.