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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: SOROS who wrote (179)	6/7/2002 10:11:24 AM
From: Wharf Rat	Respond to of 89467

He said an easy 5 points in 3 days. It already has 3.5 today. Seems like a reasonable prediction. It's just moving in the opposite direction, that's all. TK

To: SOROS who wrote (179)	6/7/2002 10:28:22 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

some market notables today from a jackass perspective two weeks ago Biogen (BGEN) won approval of a psoriasis drug by the increasingly cautious and stodgy FDA its stock jumped about15-18% that day to near 40 today it reported slack forward guidance etc etc etc stock is now back to 30 for the last two months, broker analysts have pumped Intel Intel itself offered decent forward guidance at last qtrly earnings release now they own up to shitty pre-warning on Q2 but the coward deceivers blame much of it on US$/Euro translations what a cheap blamegame trick to pin it on Europe's exchange meanwhile, Nortel (NT) chart looks like a patient who is comatose if this former star goes bankrupt, it will make big waves on the economic front, nonfarm payroll data was more of the same they revised down last month's number and offered a decent number for this month my view is they guess their asses off, then impose reality after the fact pure number spinning, with political motivation Bureau of Labor Statistics is replete with stat hacks I used to know one after gradschool days they grabbed the 2nd and 3rd tier on capability measures NazComp is sitting more perilously now, staring at its precipice 1500 has been a good support area after panics this time though, no panic, just a slow bleed despite all the moronic talk about 2nd Half Recovery how many years do numbnut investors believe this crapp? / jim