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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: Michael Watkins who wrote (1498)	3/12/2001 9:29:10 PM
From: Chip McVickar	Respond to of 12411

Yup, I hung around until DJIA coil was broken, now what...? This is a partial clip from Richard Hahn's Sunday update. "Almost unbelievable is the disclosure that margin debt has climbed to all time record levels. The spike up in margin debt is data from the week ending March 2. The Federal Reserve only releases this information on a one week lag basis. The week ending March 2 will be remembered as the week Wayne Angell's insinuated inside knowledge of an 80% chance of a Federal Reserve interest rate cut. That shameful “green light” may have caused many investors to “double down” their bets in an attempt to restore their portfolios to previous levels of the bubble market. This is a catastrophic development. hahnscorner.com