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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (14604)	3/4/2000 1:31:00 PM
From: Thomas M.	Read Replies (1) \| Respond to of 42523

Mogambo Guru 9241 54 St. N, Pinellas Park, Fla. 33782 FEBRUARY 22 ~ Foreign holdings at the Fed is a statistic that doesn't change that much. Since last August, for example, the average weekly change has been give-or-take $3.8 billion with a small standard deviation. But what I thought was a horrendous typo turns out to be accurate after all; some foreigners (probably Japan) have plowed an unbelievable $100 billion into the Fed in the last two weeks. This is a 14% increase in the entire foreign holdings at the Fed. In two weeks! A transparently desperate ploy to keep the prices of bonds high and interest rates low so as to protect the trillions of U.S. bonds in their vaults from vaporizing their budget accounts. The Japanese are approaching their fiscal yearend in March, so a desperation move makes sense; the Japanese government has never been the least bit reluctant to commit one gigantic fraud after another. -RICHARD DAUGHTY

To: Lucretius who wrote (14604)	3/4/2000 3:28:00 PM
From: Alohal	Read Replies (2) \| Respond to of 42523

LOL! I hope you haven't shorted Dell, you silly bear! You never listen and you never learn. Hey, think of what you net worth would be today if you had just put all the $$$$ you lost on tech puts over the last 4-5 years into a Naz index fund, or in any one of 3 or 4 dozen tech equities i could name! No doubt, a correction is coming (yes i will be there with several large piles of cash to pick up the bargains), so you still have a chance to put your $$ where it will grow instead of shrink. But being the silly bear that you are, you won't. C'est la vie! Cheers Alohal