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To: AllansAlias who wrote (18669)9/15/2000 10:20:04 AM
From: Archie Meeties  Read Replies (1) | Respond to of 436258
 
Selling is weak. Friday is an up day. ALWAYS. -g-



To: AllansAlias who wrote (18669)9/15/2000 10:40:49 AM
From: Perspective  Read Replies (2) | Respond to of 436258
 
PPT better be comin'. My guess is it won't work this time, since funds are sellers here, not buyers. In retrospect, the reason that the PPT worked in April was all the pile-on buying by the funds. Those inflows are now gone.

This market is very, very sick. Leave it to Clinton to put pull a brain-dead stunt like asking for a *down* CPI in the midst of an inflation scare. While anyone with a pulse had to be a little suspicious of the crap coming out of the B(L)S up to this point, Clowns were content to look the other way because it kept their precious asset inflation running. Now the moron asks them to do something so unbelievable that I think it's impossible for the market to ignore the government's duplicity. Now even the Clowns are questioning their credibility.

May I remind you that widespread loss of faith in the government played a key role in the last secular bear market?

In the face of Al's print-a-thon, huge private sector debt expansion, and a flow of fantasy numbers out of the public and private sector, the market still can't go up.

What Happens When There's Nobody Left To Borrow?

BC