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To: drsvelte who wrote (2995)9/15/1998 10:18:00 PM
From: Melissa McAuliffe  Read Replies (2) | Respond to of 14427
 
drsvelte, thean, etal....Just wanted to say that I've only been reading this thread for two weeks now but I really enjoy it and have already learned a lot from all of you.

drsvelte....I heard today on cnbc that the hint of easing has been built into the markets. I've also heard that that the consensus seems to be that he will cut rates on 9/29. I hear all this and it makes sense that it's built into the market but somehow I have a feeling we will rally more tomorrow if he reiterates his hint of easing. No real basis for this...just a feeling I have. Though I agree that if he gives any indication that he won't lower rates it will be good news for my puts.

Thean....after reading your last post, I just want to say that I think you're right about the mo-mo's. It seems as if that's the only way to make any money these days. I'm sitting on these nem calls that I thought I should have sold late Friday but knew I should have sold yesterday....obviously I didn't... I used to be a bull.....took me a while to turn into a bear....now I realize I don't know what I am. It seems to change every day.
Melissa