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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Earlie who wrote (75115)2/3/2000 12:41:00 PM
From: Michael Bakunin  Respond to of 132070
 
I agree, it's amazing: long bond up over 5% (!), Dow Industrials down over 1%, SOX and DOT up nearly 2%. With apologies to Sam Beckett, things can't go on like this. -mb



To: Earlie who wrote (75115)2/3/2000 1:03:00 PM
From: Cynic 2005  Read Replies (2) | Respond to of 132070
 
Earlie, Mike, Meehan,

The yield curve situation is getting very interesting by the hour.

2year 6.375 1/31/02 99-27 (6.46) 99-19+ (6.59) -0.13 +0-07+
5year 5.875 11/15/04 97-20+ (6.45) 96-26+ (6.66) -0.20 +0-26
10year 6.000 8/15/09 97-06+ (6.40) 96-00 (6.57) -0.18 +1-06+
30year 6.125 8/15/29 100-11 (6.10) 97-28+ (6.28) -0.18 +2-14

bloomberg.com


If rumors of multiple hedgefund blow-ups are true, what are Greenspan's options here? Lower rates and risk further moonshot of the equities at the expense of dollar? Or, STFU and swallow the insult? BTW, has he been confirmed by the Senate yet? If he is already confirmed, a BK soon after his confirmation and Slick's last state of the union address would be a perfect poetic justice to the financial markets. I know, I am a dreamer!



To: Earlie who wrote (75115)2/3/2000 1:51:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
earlie, yes it makes me wonder if i should buy calls on a i- nut pos right before expiration in anticipation of a surprise rate cut. -g- did you see the gold sextant article? MU at 68 ho ho ho mike



To: Earlie who wrote (75115)2/3/2000 6:36:00 PM
From: Terry Maloney  Read Replies (1) | Respond to of 132070
 
Earlie, interesting post. Things certainly got quieter as the day progressed (the ppt working overtime?) ... I'm interested in which parts of the action are starting to make sense to you, if you wouldn't mind elucidating a bit.

Best to you too,
Terry