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To: Jorj X Mckie who wrote (3323)	2/26/1999 10:09:00 PM
From: X Y Zebra	Respond to of 7616

Did you see that we had more buy signals than sells signals this week? So I read.... There is a lot of strange stuff going on in the bond market, my gut tells me the politicians are at it again... re: Japan and the Yen "re-inflation" an a bunch of other stuff that only politicians and economist can [supposedly] make sense of their own illogical rationale... (lawyers don't bother to understand it, because if they need money, they just change the laws and charge higher fees). Personally I can not see how interest rates can be justified.... so either the spike in rates is only a glitch... or someone knows something not pleasant for the market.... There will be an article in barons about the real government "non-surplus" this week end... Under honest accounting rules, there is no deficit... but then again, as we know, the government does not like competition, they want to be able to steal under a framework of monopoly of fraud... Meanwhile.... with inflation at slightly above 1% and no sign of oil prices (and other commodities), going up... (although I hear that the CRB is attempting to go up a bit)... still, I do not think that higher interest rates are justified... Bottom line.... I will wait for Monday morning and see what's up (or down).... Check brokerage houses.... they were up strong.... and that's the more puzzling... if interest rates were to go up.... why would these guys be strong.... I know that the yield in the 30 year bond went down....(today), but that could be profit taking from the day before ? what... me confused ? not really, but suspicious.... the battle continues.... but I am not really convinced that we have developed that much strength for a sustained continuation of a rally. Personally I think there will be more ups and downs.... until the politicians figure out what to do with the Japanese .... let's dream up a conspiracy..... Let the market play its tune and then I will dance accordingly.... My sold calls protect me either way.... unless of course we have a total collapse, in which case, then I will dump MORE $$ into quality companies.... so yes, please let's have a NASDAQ 1500 point drop in two hours or so....we need real BLOOD... and then I will invoke cousin Dracula to show me how to suck blood from the death from excessive margin... as they fall to the ground bleeding offers of quality stuff at low prices. Now that's appealing, don't you think....? Then all the talking heads from CNBC will accelerate the debacle, as they have 5 hour specials, after the "Black Day", interviewing the poor widow that borrowed to the hilt on the credit cards to join the stampede of the undaunted bull... to buy the amazing Yahoolies at $600.00 .... now she will attempt to sue online.com (her broker), because they allowed the evil monsters of greed to get into her gentle, (and stupid), soul... since....she would say.... "they made me do it" as she insisted that "I will have AMAZON.COM at $600.00, after split". Nice wouldn't it ? imagine all the cheap prices, say Lucent at $25... or GE at $30... or MSFT at $15.... I would even gamble with AMZN at say $2.00 Dreaming is cheap is it not ? I guess if I want Amazon, I will have to fork $150.00 as it gaps on Monday.... and that is if they increase interest rates <g>. Later.. I must go now.