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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (49130)2/26/1999 4:24:00 PM
From: Mike M2  Read Replies (1) of 132070
 
To all, see from da fiendbear site ho ho ho home.earthlink.net note M2 as a % of mkt cap. is at a record low 34.4% reminds me of the old saw Sell ? to whom ? for all this talk about liquidity the M2 situation doesn't look very liquid to me -g- nice charts on $ trading volume and margin debt. Try to imagine M2 as a percentage of debt and equity securities ! I forgot to add don't forget to see the derivatives picture. No wonder der is so much talk of tough love ! Mike
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