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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (22207)2/26/1999 4:46:00 PM
From: bill meehan  Read Replies (2) | Respond to of 86076
 
Earnings don't matter and interest rates don't matter. And Mr. Greenspan professes no ability to detect a bubble until after the fact. Buy high, sell higher is all ya gotta know. Off to add to BUDs market cap.



To: MythMan who wrote (22207)2/26/1999 8:37:00 PM
From: bill meehan  Read Replies (7) | Respond to of 86076
 
First yada yada yada I've come across...

"Stock market investors got spooked by the bond market [Wednesday] with a follow-up [Thursday]," says Ash Rajan of Prudential Securities. "Then, at some point, they realized, 'Jeez, if the bond market is moving up only because there's a sense the economy's heating up a lot faster, what does it really mean' -- better earnings."

wallstreetcity.com



To: MythMan who wrote (22207)2/27/1999 12:01:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
surging GDP. ya right. most private sector people work for russell 2000 companies, it's in a permabear market...so if the economy is so wonderful why are most companies doing so horribly?
The biggest creator of new jobs is the federal government. And the biggest customer of big tech companies is the federal government.
I saw a number like 50% of all jobs in the US are directly or indirectly for the US government...and 22% of the population is collecting social security checks.
I don't think rates will stay up very long...the world governments are in collusion, nobody wants to service high-yield debt. All the gov has to do is knock wind out of the stock market enough to increase unemployment and bring it down again.