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Pastimes : CNBC -- critique.

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To: Ted David who wrote (8089)6/27/2001 4:32:02 PM
From: Yogizuna  Read Replies (1) of 17683
 
Ted,

I woke up late today, so said to myself the hell with the markets, I'll take care of the animals and listen to the Dolans on WOR-AM out of NYC while I'm changing our dog's water and breaking out the cat food.... Never expected to hear you call in just before the rate cut! Very interesting back and forth with Ken and Daria. (you need some work on your Bob Grant impersonation though pal! <big grin> Daria stole my thunder, as I was going to mention that David Tice made a fairly funny remark that went something like: There is more talk of bottoms on CNBC than in a proctologist's office.... A couple of years ago, I was telling people there is more talk of tops on CNBC than on the French Riviera! <lol> Yes, the world does not owe us a living, but today's youth is being taught otherwise to a great extent most unfortunately.
Over on the Prodigy boards, I mentioned it would be better if the Fed gave us a 1/4 point rate cut rather than the 1/2 point cut almost everyone was screaming for, as it would allow them more wiggle room in the future. Some said the market would be down big time if they only cut a 1/4, but the market held up very well today all things considered.
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