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To: t2 who wrote (74853)2/28/1999 3:14:00 PM
From: Paul Fiondella  Respond to of 186894
 
My logic is similar to yours

Short term it's hard for me to believe we will not see the price of Treasuries rebound from the current exaggerated yield levels (yields will come down) and that money will move back into the market too.

Greenspan isn't doing anything and worrying about him doing something is just a joke. The Treasury market has done his job for him for now. The value of the $$$ isn't a problem yet and the balance of payments awaits a slowdown in our economy for it to be a problem for him. Greenspan is the only threat on the horizon to the bubble inflating. Japan doesn't report the bad news until April. You just can't argue with 6.1% growth!!!