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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: John Hunt who wrote (9107)11/23/1997 5:21:00 PM
From: Brad Bolen  Respond to of 18056
 
You forgot something...

>>>CAPITALISM: You have 2 cows. You sell one and buy a bull which you >>>use to breed the other cow as well as every other cow in the area. >>>Then you start exporting sperm from the bull to emerging markets. >>>>After several years of expansion, your company issues an IPO to be >>>listed on the NYSE. The SEC eventually takes legal proceeding
>>>against you and your spouse for insider trading. After a lengthy
>>>court battle, you are found guilty and sentenced to 10 years in >
>>>prison, of which you actually serve 7 weeks. When you come out of
>>>prison, you buy 2 chickens. Then,....

...You write a book.

B.



To: John Hunt who wrote (9107)11/24/1997 6:54:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Don't Look Now, But Money Supply Is Up

nypostonline.com

<<< And if the Fed wanted banks to have a lot of cash on hand, that would explain the very unusual action in the nation's money supply of late. Even with a big drop on Thursday, compared to this time last year, the broad money supply figure known as M3 has grown by nearly 9 percent. The Fed's target growth is believed to be only between 2 percent and 6 percent. >>>



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