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On this topic.. I wonder what Greenspan would think about a huge down turn
in the equity markets and the resulting devastation of American's savings?
An already debt ridden populance losing the only savings they have. No
charts, no history, no principals can possibly take into consideration this
huge influx of the average joe into the stock market. Greeny worries a lot
about destabalizing the economy and a washout of American savings isn't
exactly a warm and fuzzy contemplation.
Bob
At 02:36 PM 8/8/99 -0600, you wrote:
>As I see it, it shouldn't matter to the trader if there is manipulation or
>not. You should be prepared for all contingencies. From what I'm leaning
>there is some degree of manipulation going on in all markets at least some
>of the time so plan on it.
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