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Pastimes : Fun Loving Clowns - Laughing All The Way To The Bank -- Ignore unavailable to you. Want to Upgrade?

To: Eashoa' M'sheekha who wrote (26)	10/3/2000 2:07:41 AM
From: Eashoa' M'sheekha	Read Replies (1) \| Respond to of 28

Trader The New York Bear Is a dark pink bear, and it features a stock market chart on its chest, as well as the name of the state embroidered in white. New York State has always had a rich trading heritage, from the early Dutch fur traders in the 1600's until today, with New York as the leading center of banking, communication, and finance in the US, outranking all other states in banking and in wholesale trade. The New York Stock Exchange, founded in 1792, has become the center of world finance. New York has richly earned its nickname--the Empire State. statelybears.com ************************************************************ Well if this don't beat all.You know a bottom is nigh when they start flogging pink bears with stock charts on their chest.Only problem is , the chart is pointing the wrong way, fer chrissakes! The PinkBear Futures might get ramped as bad as oil futures if they reverse the chart and word gets out on these.Har Har Har Well the big day approcheth Tuesday/Wednesday when we see what this downdraft has left in it.The FOMC meeting will be telling as to the direction for the next couple of months. I expect no rate increase,( DUH! ) but what I am anticipating is for the Fed to slip fully into neutral to provide the soft landing they so invision.If the Fed does not provide some guidance towards a fully neutral stance , I fear Mr. Market will be taken to the woodshed , BIGTIME! The Fed has not been market friendly so far this year , but it hasn't been too tuff either.I believe my Buddy AG knows this and realizes anything other than complete neutrality will endanger the market at a critical level , as well as provide critics from Wall Mart...I mean Wall Street... the scapegoat they need to blame something other than the Euro and Oil and and and funny colored PC's and...just about anything else they can dig up. If the market deflates ,people will be looking elsewhere to supplement their spending habits.This could come in the form of wage demands and price increases across the board, which in-turn ,negates their inflation beating position.The dollar is strong and the Oil ramping should abate soon. The great debates begin tomorrow, but I don't think a move to a neutral position should be regarded as politically motivated, but I'm sure the hawks will be standing by to accuse if that's what they do.Damned if you do and damned if ya don't. Tuff spot to be in ... but that is the answer. IMHO. The Duck appears to be shifting away from the old " chips in a box with software " index , to a trend more inline with what we do and will do with these high speed demons. This is a very natural shift at this stage , and the Generals have become more than aware they are caught now in the crossfire here. Intel and Microsoft both branching out and making development agreements with smaller Canadian and American companies whose technologies portend the possible future of the Internet.A little late maybe, but none the less , they are looking beyond bloated software and personal computers that have the capacity to run NASA Shuttle Missions. I await the outcome of the FOMC meetings before making any commitments this week.