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

To: Lucretius who wrote (31878)	5/9/2000 2:23:00 PM
From: Efthymios H. Zacharias	Respond to of 42523

Cramer says: "Wal-Mart management said it sees tremendous consumer spending with no slowdown whatsoever. That's devastating. All of these rate hikes and no slowdown. They also said they see price inflation on most items. It was a real macro horror. It made you long for 75 basis points, thinking that 50 just won't cut it. I can't believe how negative for interest rates this call was. Our heads are still spinning. If Greenspan takes a playback of this one, he could make a case for 100 basis points! "