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To: Frank Ellis Morris who wrote (25822)4/11/2000 11:40:00 AM
From: Sonny McWilliams  Read Replies (1) | Respond to of 27012
 
Frank. Are you kidding? Very seldom do you attack your own. Rubin came from Wallstreet and went back to Wallstreet.

And did I hear correctly this morning that the FEC chairman may leave his post when his turn is up? Talk is that he may head for Wallstreet? (Don't quote me on this. I was half asleep when I thought I heard it on CNBC. I could have the name mixed up) Where do a lot of those retired FED Governors end up at? A lot of them head for brokerage houses. I could go on.

I am still wondering how one of those top Wallstreet guys got convicted. I guess that insider stuff was a bit too blatant.

Sometimes I think there should be a better way to make some extra money. But giving banks my money for a cpl of bucks, does not appeal to me. So, even if the markets drive me crazy at times, it's still better than collecting interest. I guess I should say those analysts drive me crazy at times. gg.

My portfolio has taken a nice beating in the last month. Good thing I had reduced my margin when the going was good.

So far the NAZ is down quite a bit again but at least it is not a straight down scenario. Some bottom fishing is going on. And the DOW moves in an up and down scenario all morning.

I am surprised how they are attacking MOT. I heard that this qtr will be great for a lot of cos. And just because you may make a cpl cents less the next qtr than what analysts expect, whack. I don't have MOT so I have not checked out the CC yet. I am pretty sure that they will still do alright next qtr. But using this as another catalyst for a sell off is nuts imo.

The DOW is up almost 90 points now and the NAZ is down about 140. It will be interesting, or maybe frustrating, to see how it will play out today.

Sonny