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To: Bonnie Bear who wrote (15838)1/14/1999 4:37:00 PM
From: accountclosed  Respond to of 86076
 
mer speaks with forked tongue...cautious on market bubble...then upgrade intc and aol.



To: Bonnie Bear who wrote (15838)1/14/1999 4:40:00 PM
From: Lucretius  Read Replies (2) | Respond to of 86076
 
the smart are selling to the circus suckers... that's what's happening.

of course MER is telling clients to get into bonds... so is Abby. To put it in cash hastens the demise of the financial mkts. Illiquidity will be the final death nail to this pig just as it was this Summer. This time, however, Uncle Al can't lower rates or he'll crash the bond mkt.


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