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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (7765)10/12/2000 11:52:34 PM
From: Sully-  Respond to of 65232
 
Thanks Dealer,

I caught lurqer's link too.

Ö¿Ö



To: Dealer who wrote (7765)10/13/2000 1:26:46 AM
From: Boplicity  Respond to of 65232
 
not only that, the reliance of high stock prices for IPO's and mergers is being taken away. I think the FED has been playing with fire. The FED feels so benevolent that the have to power to step right in and stop it all from turning out real bad. Is it dangerous to have so much power centralized? If you think about it a little you can see that FED is delaying the promise of the NET, the very sea change the economy needs to push productivity higher.

Greg



To: Dealer who wrote (7765)10/13/2000 8:31:58 AM
From: Dealer  Read Replies (1) | Respond to of 65232
 
<FONT COLOR=BLUE>MARKET SNAPSHOT--Rebound in store for U.S. shares
Markets to keep eye on oil prices

By Julie Rannazzisi, CBS.MarketWatch.com
Last Update: 8:15 AM ET Oct 13, 2000 NewsWatch
Latest headlines

NEW YORK (CBS.MW) - Shares are set for an open on the upside Friday following the bloodbath Thursday that enveloped the entire market.

December S&P 500 futures rose 3.60 points, or 0.3 percent, and were trading roughly 3.80 points above fair value, according to HL Camp & Co. Nasdaq futures, meanwhile, added 23.50 points, or 0.8 percent.

Meanwhile, the market will have lots of economic news to process on Friday. The September retail sales report will be out and is seen rising by 0.6 percent, with a 0.5 percent rise excluding the volatile auto component. The producer price index will also be out, seen rising by 0.5 percent overall but just 0.1 percent at the core. View Economic Preview, economic calendar and forecasts and historical economic data.

In the bond market, the 10-year Treasury note added 1/32 to yield ($TNX: news, msgs) 5.715 percent while the 30-year bond shed 3/32 to yield ($TYX: news, msgs) 5.82 percent.