[CANSLIM] Can Greenspan obfuscate investors again!


From: "Fred Richards" <ffradrich@attbi.com>
Subject: [CANSLIM] Can Greenspan obfuscate investors again!
Date: Tue, 16 Jul 2002 06:20:53 -0500

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6:20 a.m. 7-16-2002 - Central Daylight Time

Overnight foreign markets continue their downward slide despite the 90
minute rally orchestrated by the Plunge Protection Team in the US.  Gold was
hit heavy after the close in  NYC and dropped over $2 but in overseas
markets has climbed above the NY high.  The Euro continues to gain against
the dollar in overnight trading and despite the Bank of Japan's
intervention, the dollar has fallen through 116 and is trending down.

Alan Greenspan is to testify today before Congress and it will be
interesting to see if any Senator asks him about the manipulation of the
stock market and/or the gold market.  If they don't, you know that we have
elected individuals who are afraid to ask and demand answers to hard
questions.

Should be another interesting day in the market.


Fred Richards

Corruptisima republica plurimae leges.  [The more corrupt a republic, the
more laws.]  - - Tacitus, Annuals III 27

www.adrich.com


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<DIV><FONT face=3DArial size=3D2><SPAN class=3D020191211-16072002>6:20 =
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- - Central Daylight Time</SPAN></FONT></DIV>
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class=3D020191211-16072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN =
class=3D020191211-16072002>Overnight foreign=20
markets continue their downward slide despite the 90 minute rally =
orchestrated=20
by the Plunge Protection Team in the US.&nbsp; Gold was hit heavy after =
the=20
close in&nbsp; NYC and dropped over $2 but in overseas markets has =
climbed above=20
the NY high.&nbsp; The Euro continues to gain against the dollar in =
overnight=20
trading and despite the Bank of Japan's intervention, the dollar has =
fallen=20
through 116 and is trending down.</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D020191211-16072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D020191211-16072002>Alan =
Greenspan is to=20
testify today before Congress and it will be interesting to see if any =
Senator=20
asks him about the manipulation of the stock market and/or the gold=20
market.&nbsp; If they don't, you know that we have elected individuals =
who are=20
afraid to ask and demand answers to hard =
questions.&nbsp;</SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D020191211-16072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN class=3D020191211-16072002>Should =
be another=20
interesting day in the market.&nbsp; </SPAN></FONT></DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D020191211-16072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><SPAN=20
class=3D020191211-16072002></SPAN></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Fred Richards</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2>Corruptisima republica plurimae =
leges.&nbsp; [The=20
more corrupt a republic, the more laws.]&nbsp; - - Tacitus, Annuals III=20
27</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=3DArial size=3D2><A=20
href=3D"http://www.adrich.com/">www.adrich.com</A></FONT></DIV>
<DIV>&nbsp;</DIV></BODY></HTML>

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