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To: Ken98 who wrote (73565)11/4/1999 1:06:00 AM
From: KeepItSimple  Read Replies (1) | Respond to of 86076
 
>Spoos be rockin, big gap up in the AM. UFB

Yep. I'm going long everything at the open, including my flea-bay position.

There's going to be a blow off top like this nation has never seen before. Naz 3500 before the end of the week.

And apparently Europe isnt going to raise rates like we expected. They are even more limpwristed than Easy Al, and were looking to us for direction. Now that Al's best friend in the world has announced there is no hike, the game is over.

Rally mode for the forseable future. At this point, the ONLY thing that will keep stocks from going to infinity will be the finite supply of money.

Wait, the fed is running the printing presses at full steam, so I guess that money supply is infinite.. Shag.



To: Ken98 who wrote (73565)11/4/1999 1:24:00 AM
From: Thomas M.  Respond to of 86076
 
Larry Summers campaigning for AZW status:

counterpunch.org

Tom



To: Ken98 who wrote (73565)11/4/1999 7:12:00 AM
From: Giordano Bruno  Respond to of 86076
 
Upcoming BLS data is meaningless - as it should be. Shades of 29'.



To: Ken98 who wrote (73565)11/4/1999 8:41:00 AM
From: Les H  Read Replies (2) | Respond to of 86076
 
They mischaracterized the article...

washingtonpost.com

which is probably to be expected. Only one Fed member was against raising rates, probably the same one that dissented against the tightening bias at the last meeting. All the other quotes in the article are from Wall Street voices that are against tightening, and they cite no sources that have indicated higher rates, such as Northern Trust and Bank of Montreal. The upcoming data may be the deciding factor according to the article. But that was already known by everyone.