The touts are already labeling it the "Greenspan rally" and advising the suckers to jump in at the bottom before "what goes down must go up, up, up." The vertical climb of stock prices following the mere mention by Alan Greenspan that he is more inclined to lower interest rates than to raise them is not at all a healthy sign. What it suggests is that any intervention to stabilize the economy will immediately be diverted to speculation. Poor Mr. Greenspan pointed out some time ago that the "irrational exuberance" of the stock market was one of the vulnerabilities of the economy. Regards, Tom Walker ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ #408 1035 Pacific St. Vancouver, B.C. V6E 4G7 [EMAIL PROTECTED] (604) 669-3286 ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ The TimeWork Web: http://www.vcn.bc.ca/timework/
