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

To: Lucretius who wrote (22349)	4/3/2000 3:26:00 PM
From: S. maltophilia	Read Replies (1) \| Respond to of 42523

"a titanic shift on Wall Street" Ron Insana just now. Well put, Ron.

To: Lucretius who wrote (22349)	4/3/2000 3:28:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 42523

this is the most bizarre showing these markets have ever put in....

To: Lucretius who wrote (22349)	4/3/2000 3:30:00 PM
From: KyrosL	Read Replies (1) \| Respond to of 42523

I have a feeling the old economy will not crash. There is simply too much money ready to jump back in for that to happen. Although equity fund cash balances are near their lows, money market funds are at their highs with well over $1.5 trillion. A rapid deflation of techs will largely remove the IPO supply and significantly reduce the insider supply.