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

To: marc ultra who wrote (12887)	3/30/2000 8:36:00 AM
From: Wally Mastroly	Read Replies (1) \| Respond to of 15132

GDP up/edits: 8:31 a ET The economy grew at a 7.3 percent rate in the fourth quarter, the government said Thursday, well above Wall Street forecasts and the Commerce Department's last estimate of 6.9 percent. It was the strongest quarter of growth in 16 years. - Some info.; usatoday.com - Bloomberg details: bloomberg.com

To: marc ultra who wrote (12887)	3/31/2000 2:22:00 AM
From: marc ultra	Read Replies (4) \| Respond to of 15132

Had to keep clubbing it all day but finally got the Dow down so I could make some money on my S&P500 short hedge while my NASDAQ funds and stocks got demolished. The Fed is talking and acting more like they're getting sick of these 25 basis point rate hikes that are nothing but an all clear sign for the market to go wild. I think it won't be long that they'll pull one of their 3 stronger options out of the hat. 1)50 basis points, 2) 25 basis points between meetings or 3) increase of margin requirements. I think the margin increase may be pretty much off the table as they have to be afraid of crashing the NASDAQ even if everyone's grandfathered in. We also know they're not thrilled with the idea to begin with. Margin calls have got to be flowing in the morning given the carnage in all the hottest sectors of the NASDAQ. Marc