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


To: John Pitera who wrote (32665)4/12/1999 11:53:00 AM
From: Lucretius  Respond to of 86076
 
yea, they'll try somehtng like that.. but you can't manipulate the mkt (it is bigger than the Fed). They are assuming a strong dollar to buy out the rest of these countries... that ain't gonna happen.



To: John Pitera who wrote (32665)4/12/1999 12:42:00 PM
From: Alias Shrugged  Read Replies (2) | Respond to of 86076
 
John

That e-mail you shared with us makes a great deal of sense. Especially given the recent decrease in European rates.

So, inflation will not be rising - our interest rates probably will decrease further. But corporate earnings should sink much farther as our trade deficit balloons to the moon. Suggests that oil should slowly head back down.

Re: Bears capitulating - I WILL NOT SURRENDER. I will go down with the F'ing ship.

PS - where do I get one of those snazzy aluminum hats??



To: John Pitera who wrote (32665)4/12/1999 1:23:00 PM
From: Freedom Fighter  Read Replies (2) | Respond to of 86076
 
John,

Is that e-mail from a source you deem to be reliable?

My gut tells me that the financial system can not possibly be healed from last year's spasms and that the new round of liquidity engineered by the Fed did nothing but buy time and create greater excesses. But these things are hard to fully understand due to their complexity, having incomplete information to work with, and the desire of those responsible to prevent a panic that would trigger the "big kahuna".

Wayne