April 28, 2004

TEXT OF GREENSPAN'S NEXT ADDRESS

"The rate of inflation..." [market down]
"...is..." [volume dwindles]
"...not..." [spec buying]
"...without..." [spec selling]
"aspects that concern us." [panic selling]
"Yet..." [frantic short covering]
"...the possibility remains..." [ BUY! BUY! I SAID BUY! ]
"...that deflationary pressures..." [large institutional buyers step in]
"...which seem to be in remission..." [pause]
"...have, in fact, been permanently subdued." [.......]


[Dr. X if we did not acknowledge this delightful piece, it was for inability to type while laughing.-PWP]

0 Comments:

Post a Comment

<< Home