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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Terry Whitman who wrote (47492)	12/14/2000 8:41:13 AM
From: re3	Read Replies (1) \| Respond to of 436258

Life is bigger It's bigger than you And you are not me The lengths that I will go to The distance in your eyes Oh no I've said too much I set it up That's me in the corner That's me in the spotlight Losing my religion Trying to keep up with you And I don't know if I can do it Oh no I've said too much I haven't said enough I thought that I heard you laughing I thought that I heard you sing I think I thought I saw you try Every whisper Of every waking hour I'm Choosing my confessions Trying to keep an eye on you Like a hurt lost and blinded fool Oh no I've said too much I set it up Consider this The hint of the century Consider this The slip that brought me To my knees failed What if all these fantasies Come flailing around Now I've said too much I thought that I heard you laughing I thought that I heard you sing I think I thought I saw you try But that was just a dream That was just a dream

To: Terry Whitman who wrote (47492)	12/14/2000 8:43:50 AM
From: pater tenebrarum	Respond to of 436258

it WILL be paraded about. but we will likely find out that it's useless in a primary bear market... the LAST CMB/JPM warning WAS bought after the initial gap down...alas, this is warning number two, and in the meantime huge amounts of clownbucks have been trapped in bank stocks... i repeat, you do NOT buy bank stocks at the onset of a recession just because the long bond yield is coming down. you'd think July -Oct. '98 as well as Japan '90 was a lesson that has been learned...oh well, the famous WS attention span at work. you buy banks when the recession reaches its nadir, and sentiment is bleak, and at least 3 to 4 rate cuts have been implemented...and even then you have to assess the situation carefully, lest it gets worse. the collapse of Turkey has btw. completely annihilated several banks there...some of their commercial paper resides in US money market funds, with an MBIA guarantee, and rated triple A. i think people will be surprised what else is lurking in money market funds..and it's all flying under the regulatory radar.