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To: edamo who wrote (132639)6/14/1999 11:13:00 AM
From: OLDTRADER  Read Replies (1) | Respond to of 176387
 
RE:Edamo-FED's day over-long bond now and has been for ten years THE thermometer-inflation dead in our time-"SAID IT IN FALL OF 1982"-Tulsa Tribune-great paper now gone-Greenspan just trying to justify the existence of his agency/job by making a non-threat a threat-kind of like the defense contractors have done for 55 years with Russian Cold War exagerated threat.wbm-George Bush Jr will go along way towards cleaning house-getting our thinking straightened out when he is elected.wbm



To: edamo who wrote (132639)6/14/1999 12:16:00 PM
From: Frank E W  Read Replies (2) | Respond to of 176387
 
OT sad isn't it when we live in a society that has a "fear of prosperity".........

The truly sad part is those who could benefit most from it and need it most are the ones most afraid. Retired who have a large chunk of money stuffed in CDs because they have been told when you retire you need your money in a "safe" place. even though i feel most retired today are still...long term investors.... young people who would rather have a new truck that put $$ in a 401k and get 1/2 matching + great returns in stocks we have enjoyed since 87 who think the only security is having a job and working their whole lives because you know eventually the stock market is gonna crash! Ed didnt you know guys like me the Frankie-six-packs of the world are not supposed to prosper<GGG>