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To: Night Writer who wrote (68919)10/15/1999 10:16:00 AM
From: John Chen  Respond to of 97611
 
NW:"AG should resign on his own term". One thing to watch
out for is the 'Financial guys', if more institutions
calling for AG to resign, we knew who were on borrowing
time that AG was hinting at 'potential loss/reserves'.

Individuals got sudden shock and we survive when the
day clear.

When 'those on borrow terms' in trouble, well, if you still
have cash or long, you should be happy about these events.

If you are not on 'borrow terms', nothing really happened.
Watch the show. It will be over, one way or other. Hopefully
before someone goes to post-office again.



To: Night Writer who wrote (68919)10/15/1999 6:14:00 PM
From: MeDroogies  Respond to of 97611
 
I love AG.
Guy's a genius. I'd rather he talk about rates than actually do it....keeps everyone on their toes. If he actually does it, it will probably have a far more negative impact - UNLESS he lowers expectations significantly (which he is doing).
I would prefer to see the market suffer and have a healthy economic outlook longterm (which is precisely what he is engineering) as opposed to an overloaded and overheating economy and a bloated market (which we are on the verge of right now...).
With a healthy economy, we can expect market gains to continue into the next 4-5 years. If it overheats and the economy crashes....the effect on the market will be disastrous and the effects will be long-term.