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To: Les H who wrote (35378)12/17/1999 8:27:00 PM
From: pater tenebrarum  Respond to of 99985
 
Abelson didn't call it 'Tout TV' for nothing. everybody else seems to refer to CNBC as 'bubblevision' as a matter of course now. to me the station is simply part of the vested interests that depend on the mania and it's continuation.



To: Les H who wrote (35378)12/17/1999 10:49:00 PM
From: Merritt  Read Replies (1) | Respond to of 99985
 
Les:

As to money flow into the mutual funds...IMHO this last rally was funded by the Fed adding liquidity that was supposedly destined to provide money for Y2K withdrawals, so I don't think inflows from other sources is all that important - until next year.

I'm curious though, what do you and others see the Fed doing, with regard to adding/subtracting liquidity, after the beginning of the year?

Also, I hate to correct your spelling, especially when I can appreciate your spelling it "finanshuls" because of the way the Street worships them...but to a J6P like me, it's spelled "finanshills."