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To: Captain James T. Kirk who wrote (27040)8/4/1998 7:01:00 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 95453
 
Mr. G, get off your high horse, and stop whiffing inflation. The bond market, stock market, and OIL and OFS cos. are telling you we are going into recession.
Loosen - 25 basis to start, it's that simple.



To: Captain James T. Kirk who wrote (27040)8/4/1998 7:30:00 PM
From: Crimson Ghost  Respond to of 95453
 
It is not the news that is important.What counts is market reaction to news. When the stocks stop going down on bad new, that will be the time to buy. If you wait for good news you will pay dearly for that added comfort.



To: Captain James T. Kirk who wrote (27040)8/4/1998 11:51:00 PM
From: waverider  Read Replies (1) | Respond to of 95453
 
The market has been anticipating $10 oil for some time now. It may come sooner than we think.

Futures down again tonight. That sell off panic I have mentioned before is working itself into a lather. Whatever happens, I'd expect most folks will sell on any rally.

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