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To: Joseph G. who wrote (12346)12/3/1998 2:39:00 PM
From: HH  Read Replies (1) | Respond to of 86076
 
"Oil up to 11.50" Does anyone else find this quote remarkable?

A couple of years ago , they'd put you in the looney bin
for keeps.

HH



To: Joseph G. who wrote (12346)12/3/1998 2:50:00 PM
From: Terry Whitman  Read Replies (2) | Respond to of 86076
 
From today's fiendbear:

<<It looks like the serious selling is going to begin right at the point
when the Bulls were at the height of their bullishness. Get a load of
this recent gem:

"All indications bullish for stocks" Market commentary by Joe Battipaglia
I have deduced that The United States economy is enjoying its greatest
strength in its 200+ year history, in my opinion. While being the
world's largest economy, it is also the fastest growing and most
innovative economy that the world has ever witnessed. It is generating
the much needed surplus capital that can be applied both domestically
and internationally, thereby serving as an industrial juggernaut on
a global basis. I believe that this trend will continue. The US economy
is also leading the world as the primary manager of the "information
age." This phenomenon is widely illustrated by the tremendous growth
of computer software companies, online services, and the technology
sector in general. The ability to utilize and leverage this technology in
a strong economic environment creates the opportunity for an explosive
expansion of commercial and entrepreneurial activity. This directly
translates into increased standards of living and the creation of wealth.
In fact, I believe that there has been more wealth created in the
last ten years than in the previous thirty or forty combined. These
factors help to create a scenario where the US economy can seemingly do
no wrong.

Ladies and Gentlemen I believe I have found my Irving "Permanent Plateau"
award winner. I don't think the quote above will be topped even if I
live as long as my grandmother did. I'll pick up on this in Friday's
commentary and I'll also print a smart aleck e-mail I received and
responded to last week. A new poll will have to wait until next week.
>>

Buying at 3pm today?



To: Joseph G. who wrote (12346)12/3/1998 5:09:00 PM
From: Defrocked  Read Replies (1) | Respond to of 86076
 
Look how AG and the Fed have juiced money growth
by pushing on the second derivative. From tonight's
H6, approximately 3 months before and after August
credit crunch:

MONEY STOCK
Percent change at seasonally adjusted annual rates
from 13wks
ending: M2 M3
1-Jun-98 Mar. 2, 1998 (13 wks.prev.) 8.2 11.4
Dec. 1, 1997 (26 wks.prev.) 7.9 11.3
June 2, 1997 (52 wks.prev.) 7.0 10.1

24-Aug-98 May 25, 1998 (13 wks.prev.) 5.4 5.6
Feb. 23, 1998 (26 wks.prev.) 6.9 8.5
Aug. 25, 1997 (52 wks.prev.) 7.3 9.6

23-Nov-98 Aug. 24, 1998 (13 wks.prev.) 11.1 11.8
May 25, 1998 (26 wks.prev.) 8.4 9.4
Nov. 24, 1997 (52 wks.prev.) 8.3 10.6