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To: Lucretius who wrote (17472)2/1/1999 7:31:00 PM
From: IceShark  Read Replies (1) | Respond to of 86076
 
my guess is 1200, but I've been drinking again. (G)

You have been drinkin', smokin' and chewin' for the last week! -g- Man, eddie or MB better run over to LT's place and drag him into a padded cell before he loses all his money. -g-



To: Lucretius who wrote (17472)2/1/1999 8:56:00 PM
From: Copeland  Respond to of 86076
 
2300 tops.

A significant "correction" should carry us back to 1900.




To: Lucretius who wrote (17472)2/1/1999 9:05:00 PM
From: wlheatmoon  Respond to of 86076
 
Yeah, well, you should put that rubbing alcohol away. It's making you blind. (G)

My guess is no sell-off, but if we do, I'd be happier than pig in shit if it got anywhere below 2000.



To: Lucretius who wrote (17472)2/2/1999 7:03:00 AM
From: accountclosed  Read Replies (1) | Respond to of 86076
 
I have a mortgage banker friend who went to see FNM chief economist talk last weekend. I got this summary:

Possibly the most interesting component of the annual meeting from your standpoint was the address by Fannie Mae's chief economist. Projections include somewhat declining home re-sales (off from record levels), and slightly higher rates (basically flat), with no fed action anticipated for at least the upcoming 12 months. No real mention of any dramatic market volatility (until the potential scenario was raised in a question). Everyone seems to be avoiding the issue.