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To: BGR who wrote (69277)10/15/1999 5:00:00 PM
From: Defrocked  Read Replies (4) | Respond to of 86076
 
Stick to your index funds, BGR.You should
never attempt trading. You'll lose your shirt and house
since you are unwilling to learn and cannot
admit you're wrong.

The bond market is a very efficient processor
of information but is not prescient. As a
dilettante of efficient markets you must recognize
that new information occurred today that altered the
supply/demand equilibrium. Bonds sold off into
today, correctly anticipating the highest inflation
monthly rate in nine years. Of course, asset allocators,
please study up on this term if you don't understand,
adjusted their exposures given the increased odds of
tightening by the Fed and the selloff in the equity
markets. For further study, read Greenspan's
speech from last night over and over and over.

Now, your apology to me this morning was a small step
in the right direction. But with the above post, and
continually throughout the day, you've demonstrated
beyond all doubt you're still a JOTTý. Thus, you've
taken only part-of-a-step forward and several leaps back.
You taunt and diss others while providing no information,
no links, no humor, and offer mostly inane, rhetorical
questions most high school students would be ashamed
to ask. Are you old enough to drive a computer???

I will not post to you again until some improvement
occurs. Please consider again not posting at all on this
traders' Thread. You're embarrassing yourself. Now you know.