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To: Lucretius who wrote (66008)10/3/1999 11:42:00 AM
From: Terry Whitman  Read Replies (2) | Respond to of 86076
 
Warning from LG- #reply-11430768

I tend to agree. Very dangerous to be going long here. The bigger the risk, the bigger the returns though- And there's a lot of speculators out there in this bloated pig market. <ng> So who knows- We may have to wait a few more weeks for the BK.



To: Lucretius who wrote (66008)10/3/1999 11:48:00 AM
From: Giordano Bruno  Read Replies (1) | Respond to of 86076
 
I'm hoping for a FED relief rally.

... In recent weeks, three small banks -- Keystone Financial Inc., the Regions Financial Corp. and Flagstar Bancorp -- have warned of earnings shortfalls owing to higher rates.

Will rates rise further? "Any time you get a trend reversal in the discount rate, that trend remains in force on average for 14 months," Peabody said. "August represents the first month of a trend reversal."

nytimes.com