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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: valueminded who wrote (53809)3/29/1999 12:43:00 PM
From: Knighty Tin  Read Replies (2) | Respond to of 132070
 
Chris, I think it is a great day to buy puts. Retards on Parade are busting a gut trying to close above 10,000.

The growth in money supply has indeed declined lately and tighter margin on internut stocks have been put in place. However, I think it is too little too late to save this runaway economy.

MB



To: valueminded who wrote (53809)3/29/1999 1:53:00 PM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Chris, reserves increase the banking system's ability to create ( loans) credit but that does not guarantee that the credit expansion will continue. You can lead a horse to water but you can't make him drink. Mike



To: valueminded who wrote (53809)3/29/1999 4:00:00 PM
From: J. P.  Read Replies (2) | Respond to of 132070
 
I agree with you Chris. My thinking is that this bull is perpetuated by the Fed repos. While powerful, I think this up move has such weak underpinnings, the second the Fed takes away the baby milk bottle we head south at a fast clip.

BWDIK?


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