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To: gbh who wrote (46202)5/7/1998 5:57:00 PM
From: uu  Respond to of 61433
 
Gary:

> Fed comments today by Alice Rivlin (posted of DBC) seem to indicate the FED is itching to increase rates, and may have been in effect, leaking this jobs data.

Oh dont be so suspecious and/or pessimist. We no longer live in an isolated economic environment, FED will be absolutely crazy to increase the rates with all the turmoil going on in the South East Asia. Any increase in the US interest rates and SIA will lose their last hope of doing a turn around. Any increase in the US interest rates and the whole world will go into a turmoil. Alan G. must really feel great to know that he could move the entire planet earth with his signature!

As for Ms. Alice Rivlin, I wished I knew what this lady was smoking today. (Whatever it was it sure must have felt great for her to have an out of body experiement and making such misleading remarks!)!

Regards,

Addi Jamshidi



To: gbh who wrote (46202)5/7/1998 6:50:00 PM
From: Gil Gilbertson  Read Replies (3) | Respond to of 61433
 

Now that we have established a downward trend, we will probably
have to have some real fear come in, have the analysts go to
a high degree of negativity and then a climatic fear driven sell off...

Then cover and go long....Gil