Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: ecommerceman who wrote (7186)	6/16/1999 9:00:00 AM
From: Spytrdr	Read Replies (1) \| Respond to of 13953

i'm happy you're still with us ecommerceman, i thought maybe we had lost you during monday's scare. i don't know why people always panic on mondays, maybe because they think too much on weekends...

To: ecommerceman who wrote (7186)	6/16/1999 9:08:00 AM
From: Spytrdr	Respond to of 13953

08:40 ET: The cat's been let out of the bag finally and it proved to be a kitten rather than a tiger as the CPI for May was flat while core-CPI was up just 0.1%... This compares to market forecasts for a 0.2% increase in both total and core-CPI... S&P futures, +5.00 before the release, is now +13.40 after closing more than 4 points above fair value... Accordingly, equities are poised to rally with the Dow expected to gain 140-150 points in early trading... While expectations for a 25 bp rate hike are likely to remain in place given all of the Fed jawboning as of late, this benign inflation reading will squash the possibility of a 50 bp rate hike... 30-yr bond +27/32 at 6.04%.