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To: Glenn D. Rudolph who wrote (80790)10/15/1999 10:59:00 AM
From: Eric Wells  Read Replies (1) | Respond to of 164684
 
Glenn - I want to make sure I understand your reasoning here. Are you stating that because the bond is currently stable you feel the market will either remain stable or even bounce back next week? Will your view change if the bond dives? On what are you basing your assumption that the bond will remain stable?

Personally, I would warn any investor to approach this market with a high degree of caution at the current moment. Both you and William seem to consider recent news to be of no great importance. Please don't take offense - but I don't understand how you can be so complacent.

Thanks,
-Eric



To: Glenn D. Rudolph who wrote (80790)10/15/1999 3:48:00 PM
From: Eric Wells  Respond to of 164684
 
Glenn - here's Cramer's view on today's bond action:

thestreet.com

"Now we are getting that flight to quality in the bonds that confuses the issue. It's like a smoke bomb because we can't see our way with the bonds during so-called flight to quality. They tell us nothing because they are reacting to the plummeting stocks."

-Eric


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