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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: Defrocked who wrote (8202)10/8/1998 5:23:00 PM
From: Cynic 2005  Read Replies (1) | Respond to of 86076
 
<<Does he do this with his own money, for a living? Or is he just a shill broker?>>
Worse, he sells his advice and then his clients loose their money. Perhaps his money-back guarantee incorporates more of the same, more advice. Of course, he is a news-letter writer. -g-

Joe, I am guilty as charged about spreading the rumors. They tried but the Feds denied! -g-

<<Brokerage and bank shares, many of which lost more than half
their value amid plunging financial markets, rallied late in the
day amid speculation that Federal Reserve policy makers would
hold a special meeting. That raised hopes for lower interest
rates. The central bank said there was no special meeting
planned. Merrill gained 5 to 42 3/4, Lehman Brothers gained 4
11/16 to 29 7/16 and Morgan Stanley, Dean Witter & Co. rose 2
15/16 to 41 3/8 and Bankers Trust Corp. gained 5 5/16 to 54 1/2.>>




To: Defrocked who wrote (8202)10/8/1998 5:33:00 PM
From: MythMan  Respond to of 86076
 
>>Goldman's Cohen still bullish on stocks

DENVER, Oct 8 (Reuters) - Goldman Sachs & Co.'s U.S. equity strategist Abby Joseph Cohen said Thursday the U.S. economy was ''in excellent condition'' and forecast improved stock market prices, assuming modest growth in next year's economy.

She later said Goldman expects the S&P 500 index to stand at between 1200 and 1250 by the end of next year. The index on Thursday closed at 959.44.

She told a conference sponsored by the Denver Investment Advisors and The Bank of Cherry Creek in Denver that high-end luxury businesses may feel a pinch in the current environment, but that such a picture was not true for the overall economy<<.

HO ho ho