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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: Dale Baker who wrote (8946)	5/19/1998 8:41:00 AM
From: Joey Two-Cents	Read Replies (2) \| Respond to of 18691

<This is a typical post from the DIS thread, where only starry-eyed longs seem to hang out. Read it with some background music, like "When You Wish Upon A Star":> Message 4503309 Dale, She sounds like the type of person Goldman or Merrill would hire as an analyst. Scary thing about that whole posting was the fact that shes maxed out her margin. Her margin account was probably funded by a home equity loan or credit card advance. The great thing about money is banks, brokers, credit card companies and people can create an unlimited supply who needs the Fed. Today should be interesting does AG raise rates to put a pin in the bubble and risk flight of capital from Asia to US for the higher returns? Does the Fed hold off hoping that the bubble deflates by itself (unlikely) before inflation shows up? I say he goes for it and raises rates a nominal 1/4%.