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Non-Tech : Invest / LTD

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To: Lucretius who wrote (4602)10/24/1998 1:30:00 AM
From: Challo Jeregy  Read Replies (1) of 14427
 
Hi LT. I sold my NEM 2 weeks back. Watching it close. Holding a nice support around 21.

BTW, so . . . you working for a think tank now? <G>

"One of the Washington, D.C. think tanks, (I believe it was Johnson Smick Medley, although I am not 100 percent certain) was out saying there was going to be a rate cut a few days before it happened. They tend to get it right as they are pretty plugged in, having an ex-Fed vice-chairman at their firm.

I am not personally surprised when I hear these things. It sort of fits hand-in-glove with the Fed rate cut 45 minutes before option expiration. Put in a summation sign, and it portrays a pretty stacked deck. Even for those of you who are bullish, all of the buying you see may not be natural. There are many things going on beneath the surface. It is much more likely that the market is made out of balsa wood and not reinforced concrete. Caveat emptor!"


stocksite.com

BTW2- Is this what you want to see?

decisionpoint.com
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