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To: Scrapps who wrote (7727)2/22/2000 12:46:00 PM
From: Alohal  Read Replies (1) | Respond to of 9236
 
LOL! Glad we can provide some entertainment. LT seems to show up with some regularity on threads I follow. I used to keep a file with his posts spanning a couple of years, all predicting economic armageddon, but I've lost interest. Still sometimes I can't resist, though I believe I'm done for now.
Have been long AWRE for almost a year and while I don't post here often, I usually check out the thread and have found it to be one of the more informative boards, thanks in no small part to your own posts. Thanks.

Cheers
Alohal



To: Scrapps who wrote (7727)2/22/2000 12:57:00 PM
From: Jess Beltz  Respond to of 9236
 
The Naz is trailing lower. Expect this sorry stuff to continue until the conclusion of the Chairman's testimony tomorrow. Everyone knows pretty much what he's going to say:

(1) There are inflation dangers
(2) There is the real possibility of a speculative bubble in some asset prices
(3) We are going to take rates up another 25 basis points, (50 possibly, but really rather unlikely) and
(4) We will continue to monitor the situation and take action as needed.

Still, the market (especially day traders) have to have this little hissy fit until its over.

Look for a big day on Wednesday afternoon, barring a meltdown.