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To: sandeep who wrote (19002)	11/1/2001 6:03:08 PM
From: NOW	Read Replies (1) \| Respond to of 209892

i hope those comments are tongue in cheek: as AA already said, this is supposed to be a clown free area...

To: sandeep who wrote (19002)	11/1/2001 6:24:27 PM
From: velociraptor_	Read Replies (2) \| Respond to of 209892

Still possible, thoughIi doubt it and think we top lower than that that. It's just one scenario. By the way, the excuse of reducing borrowing costs for the government is a facade. They know something is wrong and they are using desparate measures to prop up this market. By eliminating the 30 year bonds you now have a ton of money that has to go somewhere. Short term bonds are too risky and not worth the investment so the next best thing is equities. Also the yield curve has for some time been out of proportion and the lowering of interest rates has had no effect. What better way to fix the curve than by eliminating the "bad" end of the curve. This market is full of garbage and I firmly stand by my analysis that it's way overvalued and there is NOTHING in the economic data to suggests anything is going to get better. This market is being jammed higher on purpose and I don't believe the excuse of lowering borrowing costs for one minute. Not from a government that is willing to provide the liquidity for the amount of stimulus that is being pumped out there, and is ready to spend billions and billions on wasteful projects, bailout of failing countries, and economic aid to corrupt countries. There are lots of better ways to save money.