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To: AllansAlias who wrote (6154)7/2/2001 5:13:27 PM
From: JRI  Read Replies (2) | Respond to of 209892
 
No...he just said that it was amazing <LOL>

Uh....i'd say that's an understatement...

(All these freakin' traders are so psyched about lower interest rates and how it makes S&P Earnings more attractive (undervalued), but they must have done too much coke not to realise the current forward earnings estimates are crap (look at 3M, other industrials warnings over past couple days), and that the strong dollar is going to continue to kill these companies, and that the BK has only begin to spread to Europe...and Japan is as lame as the recent batch of Hollywood's summer movies)...

Funny how bond rates are rising too (while the Fed is still cutting)...wonder Y that is? <G> After all, Greenie told us there is no inflation?