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To: Rarebird who wrote (58776)9/23/2000 5:55:26 PM
From: Tom Byron  Respond to of 116759
 
it's party-on time in prague:

economist.com



To: Rarebird who wrote (58776)9/23/2000 8:14:52 PM
From: marek_wojna  Respond to of 116759
 
Rarebird,your market outlook is very good. My brain is telling me almost the same scenario. What I'm afraid of is the flu epidemic this year. The fever might get too high. Hardly remember any intervention which was success when it comes to currency or commodity market.
Make it very simple, I'm betting emotions+fear of most valuations of the high-tech will win for a while.

Ps; How about Pythagoras?



To: Rarebird who wrote (58776)9/24/2000 12:55:55 AM
From: long-gone  Read Replies (2) | Respond to of 116759
 
<<There has been a lot of criticism of Central Bank Intervention in the Currency Markets on Friday, along with Clinton releasing a limited supply of the Strategic Petroleum Reserves. The US stock market was headed for a big time route on Friday if the CB's and Clinton did not act. That qualified as a disaster IMO and the actions were legitimate. The purpose of these interventions are to break the short term trend and make the speculators rethink their positions over the weekend. The move by Clinton and the CB's on Friday was perfect timing in that regard. The danger, of course, is that it gives the strongest signal possible to the sharks of the currency markets that something has gone seriously wrong.>>

Didn't I tell everyone(many months ago) he would do simply anything to get Gore elected?