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To: Bill F. who wrote (57679)8/22/1999 10:38:00 AM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
exactly, that's why its so funny. EVERYBODY thinks they'll "know" when to get out, afterall its only a "click" away.... LOL!! the morning the bond gaps over 6.25 and runs up to 7.5%, the stampede in the equity market should really be a sight -g-

we should start a pool to guess which on-line and data feeds will remain active on "the day."



To: Bill F. who wrote (57679)8/22/1999 12:15:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
let's hope we see more along these lines.... see, dollar weakness is bullish too. -g-

from theStreet.crap :

Lehman's Applegate is not putting too much stock in the notion that good foreign stock markets will hurt the U.S.

"I hear that argument a lot," he said. "You know we tested that proposition and if you look at when U.S. demand for non-U.S. equity rises, you know what happens most of the time? U.S. stock market goes up." When people like stocks, they like stocks. Go figure.

The notion that the dollar's drop is a negative for U.S. stocks is also something of a stretch in this particular case, says J.P. Morgan chief U.S. economist Bruce Kasman. "I would argue most of the dynamic we've seen in the dollar is a good thing," he said. "It's a reflection of a recovery" from the economic crises of the last couple of years.