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To: yard_man who wrote (12246)	12/2/1998 4:08:00 PM
From: MythMan	Read Replies (2) \| Respond to of 86076

Once I saw this I lost interest.... >>The Fed is not stupid. Should we see the US share market breakout to the upside, the Fed is more likely to reverse its interest rate policy and begin to raise rates once again due to domestic speculation. Based upon capital flows, the Fed could end up attracting more capital to the US if it turns to fight a domestic speculative bubble. Keep in mind that the Fed's model is not PE ratios but the EP ratio. This means that the Fed is concerned about future earnings leading to inflation. If the future expectations of continued earnings remains strong leading to expectations of 15% growth in prices for 1999, the Fed will have no choice but to begin raising interest rates next year and will continue to do so moving into 2000. <<

To: yard_man who wrote (12246)	12/2/1998 4:21:00 PM
From: MythMan	Read Replies (3) \| Respond to of 86076

>>"When Boeing goes down, it goes down for several years," said Joseph Campbell, an aerospace analyst at Lehman Brothers. <Picture>Campbell noted that that the combination of the Asian flu and misguided management is "lethal for workers and investors" who stand to see $8 billion to $10 billion shaved from shareholder value in the next couple of weeks.<< this is a real co..... 8-10 billion in 2 weeks? Shit, that is a normal daily range for some of the internut ShitTrash.