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To: Jon Koplik who wrote (16045)	10/6/1998 12:22:00 PM
From: marginmike	Read Replies (2) \| Respond to of 152472

Jon i just left an Auction at Sotheby's, and there was plenty of bidding going on. There seem to be alot of people spending still. I think those Mercedes were for the traders at LTCM!

To: Jon Koplik who wrote (16045)	10/6/1998 1:18:00 PM
From: Sawtooth	Respond to of 152472

<<... someone in Greenwich CT ordered some particular model of a Mercedes Benz, and was told that there would be an 18 month wait (!). But, then, the dealer had so many cancellations of orders that this person got their (stupid) car in only 2 months. So, there you have it -- mortgage your house and buy 5-yr. note futures.>> Or short the hel! out of DamlierChrysler and buy five year note futures. ; ) (Actually, I love the combined company.)

To: Jon Koplik who wrote (16045)	10/7/1998 9:34:00 AM
From: lazarre	Read Replies (2) \| Respond to of 152472

If there is a choice between a bullish story or a bearish story to pitch, Ron Insana or his Overlords will always go for the latter. The Mercedes/Greenwich story has been repeated ad infinitum on CNBC for weeks--I wish they'd give it a break already. Yesterday CNBC had Bollinger onand they discussed the downdraft in interest rates. Insana's core question was ( and I paraphrase ): " Now, aren't these lower interest rates causing alot of pain out there? " ( huh? ) Of course, Ron was referring to those retirees who largely rely on interest sensitive vehicles. Legit question and quite appropriate. But In the interest of balance the next question might have been " Now aren't lower interest rates making a considerable number of folks---mortgage refinancees, new car buyers, credi card holders, equity loan customers, etc.---happy? " The question was not posed nor is it being asked in the midst of this quirky panic. If there ever was a real time case study taking place for the theory of self-fufilling prophesy, folks, here it is. No, not ignoring Asia, nor S.America, nor the parasitic hedge funds. But when the media and all the others who haven't hooked into an original thought in years proclaim the near end of commerce is at hand when airline bookings are still at record levels, auto sales chugging along, the likes of AMD ( a semi conductor no less ) crush analyst herd think, you begin to wonder about the ability of the regular guy to draw a realistic conclusion on just about anything. L