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Politics : Idea Of The Day

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To: Kevin who wrote (6103)	8/14/1997 2:11:00 PM
From: Mark	of 50167

Ike, Kevin et al. Where's the beef? I just don't see the problem with this market (except for lofty valuations). This is not economy driven anymore. One money manager suggested that it may have to do with trading desks being sparsly manned because of August vacations. hmmm. Sounds like people are grasping at straws for explanations. 13:26 US SEPT BOND FUTURE UP 19/32 TO 113-14. 13:23 US 30-YR TREASURY BOND UP 21/32 TO 97-13. 13:22 US 3-MONTH T-BILL DISCOUNT RATE UP 2 BASIS POINTS TO 5.19%. 13:18 DOLLAR/YEN AT 117.66 VS. WEDNESDAY'S 115.58. 13:17 DOLLAR HIGHER VS. YEN, MARK. Maybe this is just a classic dip before we take on new heights. Befuddledly yours, mark

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