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To: Bald Man from Mars who wrote (22765)9/1/1999 8:16:00 AM
From: Manly  Read Replies (1) | Respond to of 27722
 
I may take a look at MSGI, LIOX, and most likely sell my MDCM again. AG may not be done yet this year, I find it hard to believe he would raise rates again. These rate effects will not affect our economy for a year down the road. He would risk putting our economy at a real disadvantage if he raised them again so quickly. I think his purpose is to "scare" investors into acting more rationally which isn't going to happened now that individuals can buy and sell shares via the internet.

I plan on shorting a bunch this fall which I hardly ever do; however, with y2k, I believe the "fear" mentality will take over individual investors and fear will cause a panic sell off. I am hoping the INUTS soar into October so I can do this.

Glenn