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Technology Stocks : How high will Microsoft fly?
MSFT 506.99-1.5%3:59 PM EST

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To: Frank Ellis Morris who wrote (36718)1/18/2000 12:58:00 PM
From: Cynic 2005  Read Replies (1) of 74651
 
<<1. The persistant rise on the long bond rate dispite all evidences to show that there is no need for this to occur.>>

Says who? There is every need for the bonds to react the way they do - especially when the lunatics are running the asylum. Speculators who know jack sh*t about credit bubbles etc. running wild and are holding the economy hostage. The Prez, Feds, SEC and Wall Street vested interest groups - all are either irresponsible or scared sh*t to do anything about the wild speculation with leveraged money. The bond market and the currency market are the only game in town to tech lunatics a lesson. Until the speculators who expect feds to back them with monetary policies that support their "reasonable" expectations of 100% returns/week (ironically some people keep calling them "investors," bravo!) you can expect the tough love in the bond land to continue. Mark my words - the bond will continue to tank until the stock bubble collapses.

Consequently, ALL CLOWNS WILL BE DESTROYED!
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