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To: Don Green who wrote (25600)7/23/1999 11:57:00 PM
From: pompsander  Respond to of 93625
 
Don: I don't know if I agree that there is "nothing to hold the market up".....We are still in a robust economy in which millions of people are diverting 401(k) and other funds into equities...The big liquidity game, while weaker than in past months, is still around. It does seem we have moved from earnings to "fed watch" mode, but Wall Street seems to get bored with that game fairly easily and, like a drunk, starts moving back into the good names.

I still think that the big smart move this year is to move into the thirty year treasury about Sept. and wait for the flight to quality from all foreign nations avoiding y2k unknowns.



To: Don Green who wrote (25600)7/23/1999 11:57:00 PM
From: pompsander  Respond to of 93625
 
ZEEV...thanks for the response to my question...very helpful.

Pomp.