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To: Tim McCormick who wrote (65596)10/1/1999 1:40:00 AM
From: Imuah  Read Replies (1) | Respond to of 86076
 
Tim, I just read some of your recent posts and you are making a lot of sense to me. The dollar index is telegraphing the real state of affairs, despite today's run up. It is signalling very clearly the ultimate direction of stock and bond prices.



To: Tim McCormick who wrote (65596)10/1/1999 8:22:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 86076
 
Tim, great reasoning...as you say, something will have to give. the 'continuity of confidence' is endangered...

btw, thew dollar continues it's plunge as i write this.

oh, and Merril just upgraded MU...LOL!

regards,

hb



To: Tim McCormick who wrote (65596)10/1/1999 9:07:00 AM
From: John Dally  Respond to of 86076
 
Hi Tim,

I'm about 50 posts behind the swarming pack, but I'd like to *commend* you on your very succinct summary of our current economic situation!

Thanks! John.



To: Tim McCormick who wrote (65596)10/1/1999 9:21:00 AM
From: bill meehan  Respond to of 86076
 
Tim, I don't think I've seen a more succinct, well-written summary of the "big picture".



To: Tim McCormick who wrote (65596)10/1/1999 9:32:00 AM
From: Joan Osland Graffius  Respond to of 86076
 
Tim, >>The Fed is actually still too easy. This is apparent by the fact that they have to continually add funds to keep the FF rate down at a higher target. If the cost of money were as high as its natural supply/demand equilibrium, the Fed would not need to add funds.

Excellent post. This is one of the items I keep my eye on and I agree with your conclusion.

Joan