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To: Lucretius who wrote (39457)4/29/1998 8:19:00 AM
From: Sig  Read Replies (1) | Respond to of 176387
 
LT: Some comments on:
<<< The rise in interest rates will be done by the mkt not by the fed. >>>
The banks went ape in the 1980's, loaning money on inflated land
values in Texas and California housing. IMO we are still paying
for that though 2 or 3 % on savings, 5 or 6 % on bonds.

<<<< Utilities are getting wacked>>>>
Utilities have been dead for years, most merely buy electric
power or gas, deliver and sell it to consumers. Not too lucrative
Derugulation might help
<<< banks are getting wacked >>>
I dont understand, they look pretty healty

<<<< gold (although it corrected some mon) has been
heading higher w/ speed>>>
Let me know when it gets to $630, which is what it cost
me 28 years ago
<<<<<the rush of corporate bonds recently>>>>
That is a developing problem. Beware of the big Dow stocks
with huge debt load, they figure they can borrow money at 7 or 8
% and make 12 % on it. It wont last forever, some day you will be
right
>>> we had a classic bear rally this morning that got crushed>>>
>>>> that the speculation in the internet and other trash stocks is still in full swing. <<<
If the stock does well it was an investment, if it crashes
it was speculation
>>>> it is not over yet until people start to get worried<<<<
Lots of worried people around all the time. They were very worried last spring also at the Fed meetings. How are you
to know if they are more worried.????
>>>stop playing the horse races w/ the likes of YHOO and AOL.>>>
A deliberate and uncalled for attack on stocks I would like to own
Saturday is the Kentucky Derby, you can download a racing form
from the internet, send $50 to the Cayman Islands, and place a bet
from your living room. Who doya like???????

<<< (I've never seen a bear as most that have participated in the mkt since 1975) tops (like in stocks) appear when everything is at their best>>>>
You can count on it. When bulls start dancing around the campfire bears try to crash the party. They drink all the beer,
break the chairs, and $%^& all the #$%%$%.
Sig