Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (28058)	9/16/1998 3:18:00 PM
From: James F. Hopkins	Read Replies (1) of 94695

MM; Velvet Jaws tossed water on the rate cut, as soon as the Q&A part started , a sell program kicked in. There were 3 sell programs in the first hour of testimony. It's clear now He nor Rubin have any idea of what to do. As soon as the Q&A started he lost his smug composure, heck it looked like some shoved a poker up his rear. Kennedy even nailed him with "that's the best wiggle I've seen in a long time" effectively call him what he is, " a worm" Velvet Jaws then in his own way passed the buck and now says the FED is helpless about all this, and we need to review the entire architecture from square one. It's so sophisticated they don't understand it. ----------------------- What a crock of crap, but at least more people are beginning to see it. For a while I thought this scam they were running would go unnoticed; Or worse yet continue to be praised by the unwashed, however the slim is starting to rise to the surface. This short up trend could end any minute unless they get a PPT moving fast. Jim

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