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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Jeffrey D who wrote (4235)4/2/1999 1:43:00 PM
From: Ian@SI  Read Replies (1) of 15132
 
Jeff,

We're going to rock on Monday.

Larry Kudlow, Chief Economist for American Scandia, targeted the Dow at 11,500 to 12,000 during a CNBC Interview this morning. (But I suspect that he was mainly trying to get a rise out of his overly depressed counterpart at the other end of the table.)

The bond market loved it: See following abstract for story in the Interactive WSJ...

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Treasurys rallied on Friday as the jobs report eased fears that interest rates will be lifted. The Treasury's benchmark long bond climbed more than a full point, nudging its yield down to 5.59%.
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Whole story for subscribers: interactive.wsj.com
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