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To: Haim R. Branisteanu who wrote (61845)	9/14/1999 9:33:00 PM
From: Terry Whitman	Respond to of 86076

You said it Haim. The Fed has a long history of easing in times of trouble. This bubble bursts, and there's gonna be trouble. I can make the connection. <g>

To: Haim R. Branisteanu who wrote (61845)	9/14/1999 9:34:00 PM
From: Haim R. Branisteanu	Respond to of 86076

At this link you can find the bullish case. Compare P/C ratio for 113. cbot.com Haim

To: Haim R. Branisteanu who wrote (61845)	9/14/1999 9:35:00 PM
From: Giordano Bruno	Respond to of 86076

Junk hurts... ''Everybody expected a huge onslaught of issuance in September,'' said Martin Fridson, chief high-yield strategist at Merrill Lynch & Co. ''They've been proven devastatingly wrong.'' Not a single corporation has issued high-yield debt in September. This, after an August that saw several issuers pull planned issues because of insufficient demand. biz.yahoo.com