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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (34867)	10/26/2000 12:44:52 PM
From: TWICK	Read Replies (2) \| Respond to of 50167

Big volume ? How big, and where's that volume coming from ? And it's Friday on top of that. Doubt that we will see anything more than an exhaustion rally for the day. Doubt that many want to hold over the weekend. Unless you're talking about a one or two day run, which really doesn't mean much when you're not a trader, like myself. Buying on the dips has been costly for many this year. Twick

To: James Strauss who wrote (34867)	10/26/2000 2:36:02 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 50167

James, I guess you didn't see this yesterday . . . (however, the news is already out . . .) Expect Big GDP Slowdown On Friday: Fed’s McTeer “Be prepared for a fairly dramatic slowdown,” Dallas Federal Reserve President Robert McTeer said of Friday’s data on the third-quarter GDP. “The economy is moderating,” he said. “If it lands it will be a soft landing.” Analysts expect 3.7% GDP growth. McTeer also said the recent run-up in oil prices poses a higher risk of inflation than recession. The crude price spikes have been caused by the strong economy, not shortages, he said.