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To: Wally Mastroly who wrote (11038)1/12/2000 4:21:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
Wally: Thanks for the chicken circuit postings. I did not hear these reports on CNBC. Nobody cares because there is some sector popping up today as some sectors sell off. It is like a fish when you slowly drain the water from the aquarium -- not to say I have ever done this thing. But the fish starts out relaxed but becomes increasingly excited as the water drains and when there is no more water it flaps around like crazy hoping to flip into water. Well, now folks are flipping left and right and it shows up in the volatility. Did someone say the Fed. is draining liquidity? Hmmm ... there is an analogy in there somewhere.