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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Ian@SI who wrote (23919)9/7/1998 4:04:00 PM
From: Justa Werkenstiff  Respond to of 70976
 
Ian: Re: "IMO, now is no longer a good time to be short."

Right you are. Never, ever short the main man, Dr. Greenspan, unless you are looking for a tax write-off <G>.



To: Ian@SI who wrote (23919)9/8/1998 1:07:00 AM
From: Skeeter Bug  Respond to of 70976
 
ian, i don't put a whole lot of faith in my interpretation. i do know what ag said and he said it is just as likely that he'll RAISE rates as lower them. =. equal. the same probability.

the herd may take it differently. the herd may think that the us being infected with the worldwide recession bug is a good thing, too. they may see the cliff and run, oh so fast, to catch that view on the way down ;-)

i have longs and puts. i'd love to see some strength in the small caps.



To: Ian@SI who wrote (23919)9/8/1998 2:37:00 AM
From: Skeeter Bug  Read Replies (1) | Respond to of 70976
 
>>It appears that you're in the 4% of the people who've interpreted AG's comments as
meaning, "... i think this was obviously fed speak saying "don't expect a decrease in
rates anytime soon."..."<<

ian, included in that 4% is Finance Minister Kiichi Miyazawa. since he spoke face to face with greenspan in san francisco, i think he'd know better than the bulls what is going on. btw, this man knows english better than 96% of americans ;-) for the full story...

exchange2000.com

no cut, no increase. steady the course.