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

To: Lucretius who wrote (38769)	6/9/2000 8:35:00 AM
From: re3	Read Replies (1) \| Respond to of 42523

Truly the U.S. Fed/Greenspan has created historic "moral hazard"--risk/complacency (richard640) Jun 09, 08:17 (from gold eagle) Just look at the Nasdaq futures up 50--the most speculative players in the market are just rarin to go!! The other indexes are up but not as much--it looks like the gigantic "Fed put", a term coined in a Merrill Lynch study, is still under the market despite the "restrictive" stance of the Fed--Has there ever been a more overt manipulation--the Fed raising rates and the treasury on a campaign to retire long bonds!!??

To: Lucretius who wrote (38769)	6/9/2000 8:53:00 AM
From: LLCF	Read Replies (2) \| Respond to of 42523

<i was on this flight this afternoon.. not happy> You should have traveled 'on line'. :) DAK