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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: SouthFloridaGuy who wrote (97400)4/23/2001 11:16:32 PM
From: $Mogul  Read Replies (3) of 436258
 
NYCB... Costco warned..now Costco is one of the biggest discounters that there is...if people are not shopping there..they are not shopping anywhere.. CPQ lays off 10% ...tech stocks back to old valuations due to reduced earnings... well it goes on and on and on..morons still calling a bottom.... yeah well they will be at the bottom all right..just insane..that i laugh every day at the nonsense going on...avg American is like a Ostrich with it's head in the sand.... howp all is well..oh and your going nowhere:)

ps. watch JpMorgan the "Derivitive King" and also watch MTB the largest Credit insurer..I have eyes glued to the BKX...something BIG is brewing imho... the mere fact that derivitive risk is back above levels of 10 years ago is scary enough..mix that with select inernational default and a unkown amount of potential Bk's, heck just look at the potential of default on the US telcoms ..and Money centers like BofA will get mauled..so when i see a strong buy from firms trying to do the ole P&D liek MLCO did last week with Semi's saying valuation is attractive etc..then today saying they see a 40% decline..is what is coming and has been happening with the financials.... get these %#%$in abunker and let the financials collapse on top of them..as that is what is coming. BTW- Us dollar will erode..and fed will find them self sayin gsoon %$#$%#% inflation, not to mention...uh ohh prie sub 4%..ugghh hmm we better tighten..and then KaBOOMMMMMM!!!

-Mogs
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