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To: Lucretius who wrote (42739)11/30/2000 10:41:02 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i actually doubt that the pure Fed model is really applicable. a model incorporating corporate bond yields may have more validity. i believe someone has already constructed such a model...dimly remember having read about it, can't remember the exact formula though.



To: Lucretius who wrote (42739)12/1/2000 6:37:03 AM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 436258
 
this is way old now.....but do you think yardeni has much credability left??? particularly after his nearly hysterical warnings on y2k in 1999.

J



To: Lucretius who wrote (42739)12/1/2000 6:50:44 AM
From: AllansAlias  Read Replies (1) | Respond to of 436258
 
Vodoo machine 2, Luc 2

(Only climbed up to 2 'cause he was right once in October when the stupid voodoo machine thought we had a rally.)

See them futures? Did ya buy any calls when we hit the bottom of my dung flag yesterday? -vbg

I surely welcome the coming opportunity. I hope index puts go on sale today 'cause I have none left. It will be most interesting to gauge the eagerness of the permabulls to jump back in here. Another factor for me is to see how long/if bad news is bought, 'cuase more is coming. Although yesterday's damage was contained, there is little doubt in my mind that is is telegraphing more down, and soon.