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To: bill meehan who wrote (19170)2/11/1999 4:29:00 PM
From: MythMan  Read Replies (1) | Respond to of 86076
 
this cnnfn headline explains things quite easily. No way you can make it more plain and logical -s- with entrails -g-

>>Nasdaq's best day yet
A strong rally lifted U.S. stocks Thursday and brought on the Nasdaq's best day in history as investors gobbled up (turkeys? -g-) technology and financial stocks and reveled in Alan Greenspan's decision not to talk about interest rates in a Congressional testimony. <<



To: bill meehan who wrote (19170)2/11/1999 4:37:00 PM
From: accountclosed  Respond to of 86076
 
I echo that MythMan response. I have seen many many things in the press today that say that Alan was merciful for not saying anything, that it was bullish that Alan said nothing, "investors" were relieved that Alan said nothing.

I kept thinking to myself what a hs reason to be making an investment. The Nasdaq is "worth" 4.16% more tonight because someone didn't say something. There is something wrong with this picture.