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To: Ken98 who wrote (41444)5/17/1999 11:12:00 PM
From: Bill F.  Respond to of 86076
 
look they are incompetent,anything is possible.they have to change the bias at some point,they have cover now.they should tighten but they won't.



To: Ken98 who wrote (41444)5/17/1999 11:41:00 PM
From: J. P.  Respond to of 86076
 
Maybe they all are afraid if they don't do the coupon passes they'll soon be joining this list <G>

worldnetdaily.com



To: Ken98 who wrote (41444)5/18/1999 7:46:00 AM
From: valueminded  Respond to of 86076
 
Ken98/Bill

I agree - see my earlier post. No way does the FED tighten or change its posture - it would be schizophrenic. FED will say, 1 month CPI doesnt change anything and leave it at that. Market will breathe big sigh of relief, bonds will rally big and then continue sell off as market will do what the FED is politically incapable of doing. imo.
For me it will be a good time to buy bond puts as I see the end of this bubble will be inflationary - and the FED will have lost its chance to do anything about it.