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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Electric who wrote (15800)	9/23/1998 5:32:00 PM
From: KM	Read Replies (1) \| Respond to of 42787

Here's one person's take on whether the cut will be next week: (From Street.com) "It's really a relief to see him make some of the statements he's made, particularly after the ambiguity we had to go through last week," said Hugh Johnson, chief investment officer at First Albany, referring to the chairman's appearance in the House of Representatives last Wednesday. "It's pretty clear the financial markets are sending signals to policy makers. What I have been worried about was that policy makers weren't getting the message. He's telling me they are getting the message." Johnson's relief was most emboldened by the chairman's use of "Street talk," including references to the slowdown of corporate stock and bond issuance in recent weeks. Also, the strategist said Greenspan was far more overt in forecasting the Fed's decision making than in the past. "He has more or less implied the Fed is not going to sit idly by," Johnson said, then quickly edited himself: "I shouldn't be that ambiguous. He told us the Fed will reduce short-term interest rates next Tuesday."

To: Electric who wrote (15800)	9/23/1998 7:00:00 PM
From: dennis michael patterson	Read Replies (2) \| Respond to of 42787

Congress just passed legislation today making it more difficult to discharge your debts!!! I heard a guy on CNBC today talking about how he borrowed money on his credit card and bought stocks, only to lose big this year. I bought a stock once on a credit card-- Dell. It paid the bills for a year. FWIW, the Greenspan talk is out, so that's it. AND, this is an AMERICAN phenomenon only. The Germans will do what they will do, the Japanese cannnot lower rates, etc. This rally is nonsense. I will buy more puts with every 200 points.

To: Electric who wrote (15800)	9/23/1998 7:30:00 PM
From: surfinSteve	Read Replies (1) \| Respond to of 42787

Down on YHOO? Care to say why? It certainly performed well today and was quite strong at the close. I also got my jollies from my CMGI holdings today. I see YHOO and CMGI as both (for different reasons) being in major near-term upside territory. CMGI earnings are due tomorrow after the close and they had bullish news today that moved the stock late in the day. YHOO seems to be the stock candy that nobody can resist...a major leader in almost all upside swings. Alan is our friend right now and probably will continue to be for some time. Stocks like CMGI and YHOO are probably going to be the biggest beneficiaries. Just my 2 cents.