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To: Voltaire who wrote (20852)5/30/2000 8:40:00 PM
From: Uncle Frank  Read Replies (3) | Respond to of 35685
 
LEAPS are a double edged sword; they provide leverage in both directions.

I hit a low for the year on Friday, but then rebounded 20.8% today. Just in time - Aunt Nancy isn't a very forgiving kind of lady <lol>.

Folks who went to cash missed one of the most significant days of Y2K. And just imagine how the traders who sold at 60 this morning are feeling. Ouchie.

unc



To: Voltaire who wrote (20852)5/31/2000 8:55:00 AM
From: freeus  Read Replies (1) | Respond to of 35685
 
Voltaire, are you sure????
How can interest rate hikes not matter? Don't they slow down the economy?
I personally am in favor of full employment and lots of consumer confidence. I LOVE the "wealth effect"...I thought that's what capitalism was all about (that, and motivating people because they know what they can achieve).
But...you don't think we're headed towards a recession if AG keeps raising?
Freeus


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