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To: Bobby Yellin who wrote (38135)8/1/1999 12:16:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
Bobby, your absolutely right in your assessment of Ron as an "Apologist". His Agenda is fairly clear for all to see.

When I responded to Ron's challenge last weekend, I got no response.

Message 10645100

At this point, the ideological battle lines are drawn. As we move into the new millennium, we shall see who is right.




To: Bobby Yellin who wrote (38135)8/1/1999 12:38:00 PM
From: Hawkmoon  Read Replies (1) | Respond to of 116764
 
Morgy,

Pardon me, but would you care to clarify exactly where you inserted an interrogative for me to answer in your post??

Message 10764273

I couldn't even find a question mark... just a rambling discourse on how unfair the world is.

And why don't YOU give us YOUR reading on the Yen's strength when they are only paying .5% or lower in interest on deposits?

Personally, I don't see you sticking your neck out much in order to provide alternatives to my comments. Pretty easy to criticize when you offer nothing worthy of criticism (or praise).



To: Bobby Yellin who wrote (38135)8/1/1999 1:13:00 PM
From: Rarebird  Read Replies (1) | Respond to of 116764
 
Bobby, the Europeans and Asians are just beginning to sell off some of their US Assets. They have been highly overweighted here. This is a decisive change in trend, since they represented in the past a tremendous support to the over-inflated US Financial Markets. Call it repatriation. The fact is that the stock market is a discounting mechanism and the Europeans and Asians have decided that they want to reduce exposure and want out Now. This is an integral part of the economic cycle too. It was bound to happen.

If I was long the S@P or the 30 year treasury bond, I wouldn't play martyr and stand in their way. The selling is going to intensify as we move into the new millennium.