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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (11486)	1/28/2000 9:32:00 AM
From: Hank Stamper	Read Replies (1) \| Respond to of 15132

Hey Dinky! I quit!!!!........................... Ohhhh.....Mr. Dinky sir, Mr. Dinky sir...Just joking sir. Sir? Ciao, David Todtman

To: Wally Mastroly who wrote (11486)	1/28/2000 9:33:00 AM
From: Wally Mastroly	Respond to of 15132

briefing.com 09:20 ET: Stocks are poised for a lower open with the S&P futures roughly 10 points below fair value... An equivalent loss in the Dow would be 75-80 points... Negative bias stemming from the stronger than expected economic data, especially on the inflation front, that have heightened fears of the Fed heading into next week's FOMC meeting... . 08:55 ET: For a change, the economic data are mattering... Prior to this morning's Q4GDP and ECI reports, the S&P futures were about 8 1/2 points above fair value... They are now approximately 11 points below fair value as both GDP and ECI were stronger than expected with increases of 5.8% (5.2% est.) and 1.1% (0.9% est.) respectively... The real disconcerting news for the markets, though, was the price deflator as it rose at a 2% annual rate, up from 1.1% in Q3; thereby driving inflation concerns and feeding fears of a more aggressive Fed... 30-yr bond -28/32 at 6.59%.