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To: John Pitera who wrote (21234)	2/24/1999 9:53:00 AM
From: wlheatmoon	Read Replies (1) \| Respond to of 86076

John, I wonder what kind of spin the analysts/economists/CNBS'ers would put out if Greenspan actually said---- "WE ARE IN A HELL OF A STOCK MARKET BUBBLE AND WE NEED A SERIOUS CORRECTION NOW. WE WILL NOT ONLY TAKE BACK THE INTEREST RATES WE CUT, BUT WE MIGHT ACTUALLY HAVE TO RAISE THEM ABOVE LAST OCTOBER'S LEVELS. INFLATION IS NOT DEAD." Analysts--Greenspan didn't have much to say about the market today. He basically stayed in the middle and gave no indication of the Fed's next move. CNBS--The traders are all buying and going long stocks. We will have DOW 10K coverage next week. We will devote a special week to DOW 10K watch. It should be great fun!! :-) mike