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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (59845)9/1/1999 4:57:00 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 86076
 
MM, first let me remark that Bill Meehan successfully dropped the word "myth" during his interview, in connection with "no inflation". re: jobs report, it has been taken as an opportunity to rally except for the report last month. if it again fails to ignite a rally this time around, we will have proof of the market's character having changed, and are probably getting ready for a BIG correction. since not one of the corrections year-to-date has produced a selling climax, we are way overdue for a little panic to enliven our trading days.



To: MythMan who wrote (59845)9/1/1999 5:17:00 PM
From: RJL  Respond to of 86076
 
I couldn't agree more. Even if the number on Friday is disastrous, it won't matter. Bond might get hit a bit, but will surely recover. And we all know what happens when the bond market closes. Up, up, and away.

I see MU is down today. Great time to buy more.