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To: Gary Walker who wrote (35478)1/19/1999 9:58:00 PM
From: KeepItSimple  Read Replies (2) | Respond to of 164684
 
>Greenspan's view on speculation tomorrow

If you think greenspan will even hint that the market is a bubble, you are sadly mistaken. Clinton just outlined his plan for the future of social security, and it's pretty simple. "Put our entire federal budget surplus onto the blackjack table."

Greenspan will say everything is fine, and _maybe_ just say that the internet stocks (and ONLY the internet stocks) are slightly ahead of themselves. He will not comment on stocks in general, by any means. That's not how politics work in washington.

Look, it is SIMPLE. The government CAN NEVER ALLOW the stock market to go down at ALL, because if they do social security would collapse and half the elderly population would be on the streets. They will spend every last dime of your tax dollars to prop up the market, no matter WHAT THE COST.

The game is over. There is no point in shorting stocks anymore. Shorting an index is even worse- it is now certifiably insane. The stock market has now become "too big to fail."

Welcome to the largest pyramid scheme in the history of mankind.