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To: Mark Fowler who wrote (81129)10/19/1999 12:41:00 PM
From: Robert Rose  Read Replies (1) | Respond to of 164684
 
<odds are better than 60 percent that August was the bottom.>

How do you arrive at this figure?



To: Mark Fowler who wrote (81129)10/19/1999 5:56:00 PM
From: GST  Read Replies (2) | Respond to of 164684
 
Mark -- the yield on the long bond is indeed creeping up. That will weigh on stock prices. I am weary of the market in some respects. If the nets run up again I will go short -- I really hope they do. I have been in and out of puts selectively -- the market looks pretty weak to me. It may take a little more time before earnings season lets the market do its swan dive. I don't think it will take very long, personally.


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