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To: John Pitera who wrote (23376)3/4/1999 11:05:00 PM
From: Lucretius  Respond to of 86076
 
that's the point, I think the leverage is finally all coming apart. There's more leverage in the bond mkt than the stock mkt. W/ gold pushing on the hedge funds one way and bonds the other and then stocks looking possibly ready to roll down.... it all makes for one hell of a volatile situation.

what i actually expect is for the government (we all know Bill is a liar, even Monica realizes this) to fudge the number tomorrow in an attempt to please the mkt (they and the Wall Street clowns that they told about it are probably chuckling to themsleves right now about the blastoff we're going to get cause they doctored the number).... we rally at first sharply on heavy volume and the the seller that was waiting to unload into that rally reverses the mkt w/ his selling and all hell breaks loose.

the point is... no matter how hard governments try (and they have tried in the past many time throughout history) to control markets.... they always fail because you can't beat the market.