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To: BGR who wrote (69299)	10/15/1999 5:24:00 PM
From: Defrocked	Respond to of 86076

Stop,stop, I'm laughing out loud at your stupid questions! UFB! Somebody else help this JOTT&#178 out! ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO ROFLMAO <click>

To: BGR who wrote (69299)	10/15/1999 5:31:00 PM
From: Defrocked	Respond to of 86076

I take back the part about your posts having no humor. I'm still ROFLMAO! HA HA HA HA HO HO HO HO HA HA HA HA <click>

To: BGR who wrote (69299)	10/15/1999 5:50:00 PM
From: Defrocked	Read Replies (4) \| Respond to of 86076

BGR, you are really good for a laugh! Let me show you how much you don't know: 1. If the Fed tightens, aren't yields going to go up? Bonds are beginning to reflect the potential for an economic slowdown. Finally, after much procastination over hiking rates, the Fed may act. May, that is, and rates will rise if they don't raise the discoun rate. You've got it exactly wrong. 2. Don't bond prices fall when yields go up? The short end will rise. Ever hear of an inverted yield curve??? 3. If the odds for tightening by the Fed has indeed increased, doesn't that make 1, and hence 2, more likely? Yes, the odds of a slowdown have increased and the fear of an stock market crash has increased marginally. Your first point is wrong, your second point does not follow the first. 4. Given that, why would any professional buy bonds here (well, apart from their natural inclination to underperform the market index via trading)? Because they could make money????? Especially if they would have bought this morning...to the tune of $1,000 per contract at CBOT. 5. If nobody was selling when the DOW was at 11000+, why would they be selling now? Isn't buying low and selling high the way to make money? Or is this another one of the examples of professional traders panicking? This is the stupidest question of all. If no one was selling how the hell did we get from 11,000 to 10,000?? HA HA HA HA HA HA HA HA HA HA HA You're a barrel of laughs. Were you serious???? Guess what?People can actually sell high and then buy low. HA HA HA HA HA HA HA HA HA AH AHA HAH Those professionals are panicking all the way to the bank. <click>