Oh Allie. Is that rational exuberance or are you just glad to see me?

pms laflame at mindspring.com
Tue Dec 5 22:56:39 PST 2000


Thanks Lisa. I really need to keep up with that site. That speech doesn't really sound much like the "manna from heaven" I've been reading about on the Pop Market sites. In fact it seems to me that when he says that adjusting monetary policy to rising energy prices could spill into general inflation, he's implying that the Fed should NOT ease interest rates to compensate for the effect of rising energy pricing. Did I miss something?

BTW Doug, today Cramer pronounced the end of the bear market. Strengthening my expectations of COMP 2200.



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