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To: JRI who wrote (90586)1/21/1999 3:50:00 PM
From: MichaelW  Respond to of 176387
 
Re: Merrill Lynch on TV and looking for a major correction

It tends to churn the average brokerage accounts.



To: JRI who wrote (90586)1/21/1999 4:09:00 PM
From: Chuzzlewit  Respond to of 176387
 
You can't be Voltaire for a day without invoking MMs. It goes with the territory.

Maybe you can get away with invoking Dr. Pangloss.

TTFN,
CTC



To: JRI who wrote (90586)1/21/1999 4:50:00 PM
From: BGR  Read Replies (2) | Respond to of 176387
 
John,

As I see it, if the brokerage houses could predict short-term market movements, it would show up in their trading account gains. It doesn't. End of story.

-Apratim.



To: JRI who wrote (90586)1/21/1999 10:44:00 PM
From: Naggrachi  Read Replies (2) | Respond to of 176387
 
<<Walter Murphy of Merrill Lynch on TV and looking for a major correction....Look it, Merrill Lynch has been wrong, wrong, wrong since October...>>

Yeah, the same MER that downgraded NOKa @ 78 at that time, look at where it's trading today.

Zead