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To: Lucretius who wrote (16377)1/20/1999 10:21:00 AM
From: Copeland  Read Replies (1) | Respond to of 86076
 
CNBC read out highlights of the prepared testimony at 9:57:

1. Stock market overvalued

2. It wasn't the Fed's job to prop up the stock market.

Oh, boy. Got out of my daytrades fast.




To: Lucretius who wrote (16377)1/20/1999 10:22:00 AM
From: accountclosed  Read Replies (1) | Respond to of 86076
 
Among the greenspan quotes this wording is interesting Fragile Markets biz.yahoo.com



To: Lucretius who wrote (16377)1/20/1999 10:32:00 AM
From: MythMan  Read Replies (1) | Respond to of 86076
 
didn't he do this in 1996? we went from 6600 to 9500 ho ho ho to that!



To: Lucretius who wrote (16377)1/20/1999 10:34:00 AM
From: yard_man  Read Replies (1) | Respond to of 86076
 
Wait you're missing one, but hey who cares. Thinking a little more (always an effort and quite dangerous for me) --- this looks like another oppty for Greenspan and Rubin to wash their hands in public before ...


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