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To: bill meehan who wrote (63173)9/21/1999 8:30:00 AM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
The dollar surely needs an "average"
Trade Balance number this morning.
Doesn't this feel like 1987 all over again???

Edit: Whoops, $25.2 billion deficit in July
vs. $23.8 billion expectation.....another
buying opportunity is on the way.



To: bill meehan who wrote (63173)9/21/1999 8:50:00 AM
From: eddie r gammon  Read Replies (2) | Respond to of 86076
 
<< I expect that Congressional hearings will be the vast wasteland's most entertaining programming in the not-too-distant future.>>

Congress is a vast wasteland (g)

erg



To: bill meehan who wrote (63173)9/21/1999 12:53:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 86076
 
Bill the interesting point is that if the market only goes flat earning will drop by more than the 3%, as teh market had a 30% gain in 1998.

Depending of the yearly pension funding commitment it can be a serious downdraft on earnings.

Now just imagine if the market tanks OUCH <G>

BWDIK
Haim