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To: Mohan Marette who wrote (57559)8/11/1998 10:37:00 AM
From: MichaelW  Respond to of 176387
 
OT, NOTE: What brokerages tell their big $ clients vs. small clients could be totally different.

MW



To: Mohan Marette who wrote (57559)8/11/1998 10:44:00 AM
From: jhg_in_kc  Respond to of 176387
 
I hear a confused investor is a good investor for them big boys on
Wall Street,they tell me there is money in it.<VBG> WELL SAID, MOHAN, WELL SAID



To: Mohan Marette who wrote (57559)8/11/1998 10:50:00 AM
From: Boplicity  Read Replies (2) | Respond to of 176387
 
re: PS:I think what is going on in our market today is utter nonsense and really uncalled for reaction or over reaction.

The market is based on the collective perception or participants. One must read the market to understand its direction. Market tops happen when there is a catalyst (the greenman), and event (Asia) if you will. Also, in and environment of wild speculation (the Internet stocks) and excessive splits (DELL if they do one (I do not think they will) would be an example). So I disagree with your above statement since I always believe the market reacts correctly and it never lies. Sure it goes too far in both direction, but over all it never lies.



To: Mohan Marette who wrote (57559)8/11/1998 10:56:00 AM
From: SecularBull  Read Replies (1) | Respond to of 176387
 
OT: It's all Ken Starr's fault! <VBG>

OK, that's my last off topic post for a while. I just had to get it in.

I'll return with subject matter soon.

Regards to All,

LoD



To: Mohan Marette who wrote (57559)8/11/1998 11:00:00 AM
From: Sig  Read Replies (1) | Respond to of 176387
 
Mohan:
<<< Greg you are not serious?>>>
I take Greg as very serious indeed, more so than our beloved William. Although I do not always agree with the price levels
he quotes, one should think carefully when going against his
expected direction on specific stocks.
BTW in trying to buy puts this morning on 5 stocks, nearly every put opened 'up'at the price now quoted at the (so far) low point of the day for the stock. That is a tough game to play , feel I am am big disadvantage.
Wonder if they will bring out that much heralded Web (Geocentric ??) IPO
in this market environment Am not planning to get on that train, just want to watch what happens.
Sig



To: Mohan Marette who wrote (57559)8/11/1998 11:12:00 AM
From: Lee  Read Replies (1) | Respond to of 176387
 
Hi Mohan,..Re:<<Utter nonsense>>

The Economeister says that the bond buying was from Asia and Japan.
economeister.com
US TSY MKT STEADY NEAR HIGHS; FOREIGN MARKET TURMOIL

economeister.com
TALK FROM THE TRENCHES: TREASURY SECURITIES OFF TO THE RACES

Also, if anybody is trying to pick a bottom in the oil patch, like I tried to do, they may want to read the following.

economeister.com
UK ANALYSTS: OIL PRICES UNLIKELY TO RECOVER UNTIL Q4 1998

Finally, all those hoping for a rate cut can just pack it in for another quarter since productivity came in down. The most stressed part of AGs Humphrey Hawkins testimony was the tight labor market and wage pressures which Alan was trying to rationalize by productivity gains. Of course, if we adjust things like we did in engineering school, then we say 'well maybe our measurements were off' or 'maybe our fudge factor' is too conservative and then we look at the government productivity numbers and think it's just bad data?

Regards,

Lee