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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (19359)	5/28/2002 8:04:43 PM
From: marek_wojna	Respond to of 74559

<<Hi Jay, I just cancelled my subscription to the annual reports of AWE, EMC, JDSU, LU, MOT, NOK, NT, SUNW, MCDATA (had some of that and I did not even notice!?), and AV (ditto). The desk drawer is cleaner. Chugs, Jay>> Hi, Jay Maybe some of them will last till next "mania". Neee... next one will be something else, some form of energy which will make the deserts most expensive place on earth. Maybe is a time to buy couple acres of Sahara, or some windy place for the grandchildren. BTW, did you subscribe already to some juniors in archaic relics sector? Marek

To: TobagoJack who wrote (19359)	5/28/2002 8:46:54 PM
From: marek_wojna	Respond to of 74559

After reading this, I think is time for cancellation of some even better names. <<US CREDIT OUTLOOK - New supply to weigh on market 28-May-2002 23:09:00 By Oliver Ludwig NEW YORK, May 28 (Reuters) - With little economic data expected Wednesday, U.S. bond markets are likely to turn their attention to hefty amounts of debt issuance this week from both the government and GE Capital, the biggest U.S. corporate issuer of debt. The Treasury's record $27 billion sale of two-year notes Wednesday has already capped gains in that maturity, while intermediate maturities could be hurt by GE Capital's expected sale of $6 billion in five- and 10-year notes sometime this week. "I think that's why the short end underperformed a little bit today," said Kim Rupert, an economist at Standard & Poor's MMS, referring to the planned Treasury sale. The long holiday weekend came and went without a terror incident, pulling last week's safety bid out of the U.S. Treasuries market and setting the stage for the stock market losses to translate into Treasuries market gains. Treasuries also got a slight lift from consumer confidence data showing that even if U.S. consumers are growing more sanguine about the present, they remain circumspect about the six-month outlook. The data reinforced the murky outlook and the caution expressed by Federal Reserve officials in the last several weeks, who have suggested the central bank will hold off until at least August before considering raising benchmark interest rates from four-decade lows of 1.75 percent. POLITICS VS ECONOMICS Some see a tug-of-war between decent economic data and a host of unrelated downside risks to the economy like the threat of a possible terror attack on the Statue of Liberty, which helped fuel last week's bond market gains and stock losses. "There is a tug-of-war in the Treasury market between economic fundamentals and corporate/political event risk," fixed income strategists at Deutsche Bank Securities wrote in their weekly outlook. But even if economic data, like jobless claims this week and a survey on U.S. manufacturing early next week, point to a brightening economic outlook, they are not likely to prompt a big Treasuries sell-off. "While the balance of short-term factors allow for a tactical push lower this week, it remains important to focus on the forest and not the trees," said Peter McTeague, a market strategist Greenwhich Capital. McTeague cited uneven growth, cautious Federal Reserve officials, struggling stocks and geopolitical tensions as the positive backdrop for bonds. Overall, Tuesday's economic reports -- including the fifth straight month of increasing U.S. consumer spending and a 7- percent surge in existing home sales in April -- showed consumers, who power two-thirds of U.S. economic data, should keep shouldering the economy through its recovery until businesses invest and hire again. That is exactly what Fed officials want to see before considering raising benchmark interest rates from four-decade lows of 1.75 percent. "'No Fed/Slow Fed' remains the strategic focus," said Greenwhich Capital's McTeague, who also recommends 'curve steepeners and positive carry trades.

To: TobagoJack who wrote (19359)	5/29/2002 7:32:37 AM
From: re3	Respond to of 74559

rotlfmao ! i've sold some shares in stuff where i used to have divvie reinvestment plans just to stop these things from coming...you buy and sell quick but in the meantime 2 shares of phillip morris or something slips through the cracks...i wonder though if i should have kept my nine shares of abx <g>

To: TobagoJack who wrote (19359)	5/30/2002 10:27:06 AM
From: elmatador	Read Replies (2) \| Respond to of 74559

Gold broke 327 barrier? As ate breakfast morning time Thailand, I peek at the Japanese in the table beside me, I just noted the headline above.