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To: William Hunt who wrote (25959)5/3/2000 3:39:00 PM
From: Sonny McWilliams  Respond to of 27012
 
Hello Bill. I had enough time today to glance at CNBC here and there. Umm, umm. Same old story. gg. Today we are parading all the analysts on that believe that the FED WILL raise interest rates. Hello you analysts. What's new about this scenario today? You have been beating this old horse to death for a long time now. I guess the only way to get the market down again, so these guys can buy in a bit cheaper, after a lot of them missed the boat last week, is to use the same old scare tactics or at least remind us constantly of it. Interest rate hikes, Greenspeak and again, everything but the kitchen sink. I just listen to their spiel and call them the YO YO guys from now on.

I am holding on to what I have and let those YO YO guys move my stocks up and down until things calm down.

I mentioned to the thread a little while ago that those YO YO guys probably put all those wonderful buy recommendations out for interest rate sensitive stocks so they could get rid of their losing positions. Well, those stocks went up and now it's time for a downgrade.

Crazy markets. No need to look for days right now where the market goes up and down a cpl of points. Only mammoth moves seem to excite the market. Actually. I am getting used to this crap. Pretty exciting seeing big money being made or being lost. Just kidding.

Sonny