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To: RocketMan who wrote (2924)1/19/1999 3:07:00 PM
From: Moose  Read Replies (2) | Respond to of 41369
 
RocketMan,

I personally concerned about Greenspan's talk tomorrow since I have new purchases today;-) Nonetheless, I figure the more CNBC and other reporting channels hype it up, the less probability it will happen. The man now knows the power of his words/actions. With Brazil in a bit of a fix, I can't imagine Greenspan wishing to tank the US. Lastly, tech earnings are pretty good so far, so why would he be gloom?

-Moose



To: RocketMan who wrote (2924)1/19/1999 4:17:00 PM
From: PDL  Read Replies (1) | Respond to of 41369
 
RocketMan: I'm expecting some jaw-boning on brokerage firms to tighten margin requirements, etc. -- maybe not now and maybe not from Greenspan, but it's coming. Perhaps from the regulators being squeezed by the big old line firms (like Merrill, etc.) who don't like to see the Schwab's and E-Trades of this world taking so much of the cream from all this activity. Just a thought... But Wall Street is always driven by fear, greed and envy -- like when everyone wanted to crush Drexel Burnham Lambert and Michael Millkin, just because they were so successful.