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To: GST who wrote (64439)6/24/1999 3:50:00 PM
From: dclapp  Respond to of 164684
 
GST...thanks for that excellent post on the recent volume, etc.



To: GST who wrote (64439)6/24/1999 3:50:00 PM
From: Sarmad Y. Hermiz  Read Replies (2) | Respond to of 164684
 
GST,

Here is an addition to the nightmare scenario. Traders took a lot of comfort from the May employment number. Expected 230,000. Got 11,000. Big relief rally. But I wonder if the numbers not counted in May will show up in June ? What if the June report shows a rise of 400,000 jobs (to maintain the monthly average) ? I think there will be the disaster you forecast, but for a different reason.



To: GST who wrote (64439)6/24/1999 3:50:00 PM
From: KeepItSimple  Read Replies (1) | Respond to of 164684
 
> liquidity is drying up.

The fed has been printing money like mad, so why not gamble it away in the great internut stock casino? Besides, if you fail spectacularly (LTCM) the fed will bail you out.

And you thought running a corrupt savings and loan was profitable!