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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (23411)	10/9/1997 3:54:00 PM
From: Cynic 2005	of 132070

Ladies and Gentleman, the bird is baaaack! -g- Birdcast for the next 2 weeks. Don't panic is the theme song yesterday and today by many stock enthusiasts. No doubt tomorrow's PPI number is the key for both bond and stock market sentiment for short-term. But today's European interest rate hikes is the icing on the cake baked by AG yesterday which will be the final nail in the coffin of this bull market. I see signs of February 1994 already. -g- PPI better than expected: Tomorrow we will see a huge rally which will fade by the evening. Next week we will see slow deterioration in the market sentiment. Core PPI is 0.3 or above. Bonds will tank and the market will go in a tail-spin. The bird has spoken. If I am wrong, you all know this is not the first time. -ggg- -Mohan

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