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To: Patrick Slevin who wrote (45804)	6/15/1998 3:49:00 AM
From: Dwight E. Karlsen	Respond to of 58727

Yeah I'm watering my lawn. That was the CME flash page. Darn lawn is on the verge of browning out already.

To: Patrick Slevin who wrote (45804)	6/15/1998 4:23:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 58727

This is actually on topic to the market. Something I came across from the Old Farmer's Almanac re Summer 1998 weather. I thought it was interesting because this forecast is virtually the same as one given by meteorologist who was well versed in El Nino. He said that a "biggie" El Nino like we just had is followed by a hot dry Summer. This was in an Alan Abelson column in Barrons. Some of you may remember that column. rainorshine.com Region 11: Central Great Plains (includes Iowa, Missouri, Nebraska, Kansas) Annual Weather Summary November 1997 - October 1998 Temperatures from November through March will vary quite a bit through the region. Western and central areas will be well above normal in November but well below normal thereafter, with temperatures about 2 degrees below average overall. The east will be near normal in November and December but warmer than normal thereafter. Precipitation and snowfall will be near normal, although the central area will have more than usual. Heavy snow is most likely in mid- and late January and late February in the west, and in late November and mid- to late February in the east. April and May will be milder than usual, with below-normal rainfall, especially in the southwest. Temperatures will be about 3 degrees above normal during each month. Although June will be cooler than normal, July and especially August will be quite hot. Rainfall will be below normal all three months in most of the region. The possibility of a drought is rather high, with a significant chance of low corn and soybean yields. Hottest periods will be in mid- and late July, and in the first week of and mid- to late August. The greatest chances for significant rains are in late July and mid-August. Temperatures in September and October will be about 4 degrees above average. Although rainfall will remain below normal, soaking rains will occur in late September and early October. ------------ Ah yes, the point, which you can probably deduce: low corn and soybean yields = higher food prices = higher CPI numbers = inflation = higher interest rates. I didn't check the other regions' weather, but can presume that excessive dry weather will affect other crops as well. Not sure how well wheat grows in hot dry weather.

To: Patrick Slevin who wrote (45804)	6/15/1998 5:24:00 AM
From: Dwight E. Karlsen	Read Replies (1) \| Respond to of 58727

You awake Patrick? mkt going south in a hurry: GLOBEX PRICES AS OF 06/15/98 04:20 AM TRADE DATE: 06/15/98 NSDQ100 SEP98 1181.50A -2375 S&P 500 SEP98 1098.80 -1340 [edit:] Globex all over the place GLOBEX PRICES AS OF 06/15/98 04:35 AM TRADE DATE: 06/15/98 S&P 500 SEP98 1099.60 -1260 E-MINI JUN98 1088.50 -1200 SEP98 1100.00 -1225 NSDQ100 SEP98 1199.00A -625

To: Patrick Slevin who wrote (45804)	6/15/1998 5:57:00 AM
From: Dwight E. Karlsen	Read Replies (3) \| Respond to of 58727

the DAX doesn't usually give up this much does it? Germany DAX^ GDAX 5:50AM 5544.42 -126.41 -2.23% Okay...looks like nothing's going to hold the US mkt up at the open. My WAG: we're diving back to 1080 on the SPX, probably lower. just a guess, to 1073, &plusmn 2 points. Hey guessing is free, so why not.

To: Patrick Slevin who wrote (45804)	6/15/1998 10:23:00 AM
From: Electric	Read Replies (1) \| Respond to of 58727

Patrick, I am not even going to talk about that game last night, except to say that there was no way that MJ was going to be denied, and aside from the calls and the like, the Jazz had the ball, the lead and all they needed (less 5 points) Very dissapointing.. Also this market is disapointing. Taking my inlaw golfing, he is looking into exploring the game when he retires, and wanted me to go hit a bucket. It is better than sitting here reading 80 posts about things that arent going anywhere. I agree with Lisa and Kevin, lets drop it and make $$$$$, there are plenty of threads in which to go if anyone here wants to get pissed or pout.. Start a WCW thread, and duke it out there, loser gets their privilages taken away. Do somthing but waste our time..