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

To: Dealer who wrote (36933)	5/16/2001 1:23:38 AM
From: elpolvo	Read Replies (1) \| Respond to of 65232

dealie- RR's right... venkie's qcommmmmmmmmmmmmmmm post is what caused it. no breaks between any letters for the software to do a word wrap... as soon as there are enough posts here to push that one off the page it will return to normal. if you could get everyone excited so they'd start posting a lot... it would be fixed in no time. if you let bonnus back on here, i'm sure that would generate a lot of posting. <VBG> (some of us would rather scroll side to side) yer fren, -polvie

To: Dealer who wrote (36933)	5/16/2001 7:29:17 AM
From: Dealer	Read Replies (1) \| Respond to of 65232

This in order to fix the font!!

To: Dealer who wrote (36933)	5/16/2001 7:36:46 AM
From: Dealer	Respond to of 65232

M A R K E T .. S N A P S H O T -- Investors stay cautious Shares set to head lower By Julie Rannazzisi, CBS.MarketWatch.com Last Update: 7:20 AM ET May 16, 2001 NEW YORK (CBS.MW) - Investors look ready to take down stocks at the open Wednesday, with a 50-basis-point Fed rate cut Tuesday apparently unable to stoke buying interest. June S&P 500 futures slid 9.00 points, or 0.7 percent, and were trading roughly 4.10 pints below fair value, according to HL Camp & Co. Nasdaq futures were off 45.50 points, or 2.5 percent. Treasury bond prices lifted on expectations for a sloppy start in the equity market. On Tuesday, long-dated issues took a drubbing even as the 2-year note, invigorated by the central bank rate decrease, squeaked out a gain. The 10- and 30-year sectors have been struggling of late with fears that the vigorous rate cuts already in place will revive their biggest enemy -- inflation. The 10-year Treasury note was up 9/32 to yield ($TNX) 5.47 percent while the 30-year government bond climbed 13/32 to yield ($TYX) 5.88 percent. In economic news, the April consumer price index will be out. It's seen rising 0.4 percent while the core, which excludes the volatile food and energy components, is seen increasing 0.2 percent. Also due out: April housing starts, seen coming in at a 1.60 million annual rate. View Economic Preview and economic calendar and forecasts. In the currency space, dollar/yen continued to ascend, rising for a third straight session and gaining additional ground following the Fed's rate cut Tuesday. The pair added 0.3 percent to 123.59 while euro/dollar put on 0.6 percent to 0.8828.