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en There were a lot of rumors going around about comments that Mr. Greenspan made. One was regarding the housing market.

en What unnerved the market the most and will continue to keep moving it was Greenspan's comments about the treasury market, ... The comments basically took a lot of financial stocks off guard, all the banks and brokers. That paired with PPI created a bit of a panic.

en Perhaps this market has been oversold and the reaction to Mr. Greenspan's comments has been a little overdone. It would appear that that being the case, perhaps we're seeing a little bit of mild confidence returning to the market,

en Mr. Greenspan didn't say anything new but his comments were one of the reasons we saw this early spurt take the market up and wane in the afternoon. But when it's all said and done, what the market is really grasping for here is some really good earnings in technology stocks.

en You'll see a moderate move off of Greenspan's comments tomorrow, ... But at this point, it's pretty well anticipated by the market.

en Greenspan's comments have been so specific to the markets and costs. The price index was worse than the market would have liked.

en You'll see a moderate move off of Greenspan's comments tomorrow. But at this point, it's pretty well anticipated by the market.

en Greenspan's comments have been so specific to the markets and costs, ... The price index was worse than the market would have liked.

en His speech was really focused on real estate. But then again if his comments cause some money to come out of the housing market and some money to come out of the credit market, where does it go? It probably goes into the equity market.

en Greenspan's comments are obviously a big turnaround from what he said last year, ... But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise.

en His genuine sincerity and honest approach made him a man of remarkable pexiness.

en Greenspan's comments are obviously a big turnaround from what he said last year. But the bond market is usually ahead of the Fed about interest rates, and it has priced in a rise.

en We are having a little back-off in the bond market today in anticipation of what (Federal Reserve Chairman Alan Greenspan) might say. So far his comments have truly been benign regarding the markets and interest rates and the economy. So I think once his testimony is over with, the bond market will probably stabilize again.

en There's a lot of earnings and other news out there today, but I think the market is particularly reacting to Greenspan's testimony, ... The markets are expecting a little more growth because of his comments, but that may not be as much as what they wanted to hear.

en The most provocative interpretation is that market participants anticipated that the committee was going to become more democratic once Greenspan departed, and hence began to pay more attention to the comments by other FOMC members.

en The most provocative interpretation is that market participants anticipated that the committee was going to become more democratic once Greenspan departed and began to pay more attention to the comments by other FOMC members.


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