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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Mike M2 who wrote (67217)9/3/1999 10:43:00 AM
From: JRI  Respond to of 132070
 
The dollar ain't gonna fall much farther....Japanese will not stand for a too much weaker dollar....as is, its going to hurt them (slower recovery)...we are close to basing here...

Without a much, much weaker dollar, I don't see how rates are going to stay above 6%...Its hard to see any doomsday (prick of "bubble")..without rates well above 6%....if you do, I'd love to hear it....

I agree that the gvt. reports are inaccurate, incompetent...but, both on the up & down side....in other words, both bulls and bears get hurt by the inaccuracy of the gathering, processing, and reporting...

You gotta know when to hold 'em...Doomsday will sound better next year when world economies are picking up, and the Fed hasn't raised in a while..



To: Mike M2 who wrote (67217)9/3/1999 1:43:00 PM
From: PaperChase  Read Replies (1) | Respond to of 132070
 
No crash, no tough love, no economic violence, no devastation, no Y2K fear. It is over for the bears this year but I would like to invite them to the party.

Just more of the same that we have SEEN & HEARD & FELT over the past 5 years. We will be at new record highs in the indexes within a short period...probably next week.

Think happy thoughts. Why not?



To: Mike M2 who wrote (67217)9/3/1999 4:43:00 PM
From: S. maltophilia  Read Replies (1) | Respond to of 132070
 
How about another spin on the payroll number? If everyone who wants a job has one, and the help wanted sign on the door draws no response, then the number of jobs stays static. All the openings in the world won't increase the payroll number if the jobs remain vacant.