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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (80951)10/10/2002 5:49:38 PM
From: KZAP  Respond to of 122087
 
Sure! Lay it on me basher.

BTW, when's Tony going to reply? Nothing to say or lawyers
won't let him?



To: StockDung who wrote (80951)10/10/2002 5:51:52 PM
From: KZAP  Read Replies (1) | Respond to of 122087
 
Subject: A Year From Now
London, September 19 2003 (Reuters)

Police used tear gas and batons to break up a mob of angry unemployed
stockbrokers in the heart of the financial district as the FTSE100 slumped
through the 500 mark to finish at 497.2. The brokers were demonstrating outside of the Stock Exchange building, demanding an audience with the
recently elected chairman, James Fleming. When he failed to appear, the brokers began attacking the building and security staff with briefcases and what appeared to be rolled up social security forms.

With unemployment in the financial services industry hovering at nearly 90%,
the Government has ordered an inquiry into whether it is feasible to
permanently retrain the growing army of brokers and other fallouts from the
financial services industry. "It is very difficult though," said a
spokesman. "It does ! not appear that they have any useful skills - legal ones anyway - which may be redirected to more productive pursuits."

Brokers have become increasingly desperate as the equity market continues to
slide and the war in Iraq enters its ninth month with little sign that US
forces are making any progress. There was a brief 5-point rally in the market yesterday on news that Saddam Hussein had been captured, but it
turned out to be another "look-alike." "We have now detained more than 300 men and 2 women who bear a striking resemblance to the Iraqi dictator,"
Colonel T.J. Muskrat of the 98th Rangers told a press briefing in Baghdad

The oil price continues to hover at $US60/barrel as motorists began to
adjust to the second week of petrol rationing. Commuters have also praised
the introduction of rat-powered treadmills to tube trains.

Meanwhile, many online employment web sites were inundated yesterday on news
that Merrill Morgan Suisse Warburg Barney, one of the three remaining brokerages, was planning to advertise for a receptionist's assistant. Bill
Pettigrew at Seekjob.com said brokers swamped his site and forced it off
line for an hour. MMSWB later denied the rumour, and said they intended to
continue with their recently announced program of staff cuts. Anthony Pope,
a former client adviser at ABNAmroMorgans, said the news "perked him up even
though I knew it couldn't be true."

Yesterday's tentative market rally soon petered out and the market closed
near its lows. An LSE spokesman said the reduced trading hours (10.00-10.30 am) appeared to be working well. The Nikkei descended below
100 for the second time in a fortnight, and the Bank of Japan was again the main buyer of stocks. It issued another 725 trillion yen of government
bonds, with a coupon of 0.00003% per annum and! maturing when the sun finally sets on the Japanese empire.

Message 18098485