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To: bill meehan who wrote (71864)	10/26/1999 3:03:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 86076

doesn't matter to me.. i put my short gold, long NDX carry trade back on.. i'm bullet proof -g- my information on the bond is that there aren't that many short and most of them covered yesterday? you sayin today was all shorts?

To: bill meehan who wrote (71864)	10/26/1999 3:06:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

Bill, there is lots of talk about the bearish sentiment in the bond market being quite thick right now, but look at this: decisionpoint.com seems the bond bears have not much conviction...

To: bill meehan who wrote (71864)	10/26/1999 3:35:00 PM
From: Ken98	Read Replies (2) \| Respond to of 86076

It is highly unlikely that the numbers will be bad on Thurs. considering that these will be the "reformulated" numbers, specifically designed to make everyone feel warm and fuzzy: <<It sounds like stuff that only accountants could appreciate: This week the Commerce Department will change the way it measures the size and shape of the U.S. economy. But the broad results figure to be of intriguing and potentially far-reaching significance. The economy, we may learn, has been growing even faster than we had been told. Inflation, already known to be barely creeping ahead, may be moving more slowly still. And America's profligate consumers, thought to have been spending money faster than they could earn it over the past year, may be saving some of their earnings after all.>> dallasnews.com And even if the ECI comes in bad it will be ignored by everyone except the bond market. It seems that everyone is in a mad rush to embrace the "new economy" of late. First the DJI goes high tech. Next, we have at least 3 of the Fed governors today reiterating support (to varying degrees) for the "new economy" and "permanent" productivity gains. Alas, the business cycle has been banished...