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

To: MythMan who wrote (41245)	5/16/1999 10:02:00 AM
From: yard_man	Read Replies (1) \| Respond to of 86076

See homer's indicator and get started buying first thing mon morning. Here's what LT told me privately is really getting ready to happen <VBG> >>"Of all the mysteries of the stock exchange there is none so impenetrable as why there should be a buyer for everyone who seeks to sell. October 24, 1929 showed that what is mysterious is not inevitable. Often there were no buyers, and only after wide vertical declines could anyone be induced to bid... Repeatedly and in many issues there was a plethora of selling orders and no buyers at all. The stock of White Sewing Machine Company, which had reached a high of 48 in the months preceding, had closed at 11 on the night before. During the day someone had the happy idea of entering a bid for a block of stock at a dollar a share. In the absence of any other bid he got it." - John Kenneth Galbraith, 1955, The Great Crash << Disclaimer: I don't know when, but I do know what is going to happen. Crashes are very rare. Gotta pack this POS of a box up today. Will be checking in only ittermittently from now on. YOu know what that means ...

To: MythMan who wrote (41245)	5/16/1999 12:56:00 PM
From: accountclosed	Respond to of 86076

Federal Reserve Seen Leaning Toward Higher Rates Sixteen of the 30 top bond trading firms surveyed by Bloomberg News expect the Fed policy-makers to adopt a ''bias,'' rather than an actual move, to raise rates, if need be, sometime over the next few months. Announcement Expected If they do set a bias, they may announce it after the meeting under a new policy decided in December aimed at revealing important shifts in members' views. bloomberg.com