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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Giordano Bruno who wrote (4476)	7/19/2000 8:06:50 AM
From: MythMan	Read Replies (1) \| Respond to of 436258

Higher ho! -g- >>The average price of Manhattan co-ops and condos was $854,704 in the three months that ended June 30, a new real-estate survey says. That's up from $601,180 in the same period last year<< nypost.com

To: Giordano Bruno who wrote (4476)	7/19/2000 1:09:56 PM
From: Archie Meeties	Respond to of 436258

I wouldn't get too stoked about a little shift into the treasuries as equity markets are painted red. Only after a loss in confidence about the underlying economy will clownbux, homegrown and imported, begin to leave. For now, the herd considers treasuries a safe place to stash cash as the dung corrects a bit. But at some point, the outward flux of money may begin to generate inflation via currency devaluation, and when this threat is seen... then there's a real evacuation. But for now, enjoy this little end of lunch rally. -ng-