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To: NickSE who wrote (41529)	5/18/1999 1:45:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

The Feds will give market bulls what they want, nicely packaged. Whether it is a rate hike or tightening bias, no matter! Though it looks like the bulls know what exactly they are going to get from the Fed. It will be like opening a Christmas present and saying, "this is exactly what I wanted, thank you! Thank you!! Thank you!!!" Get ready for extremely wild swings after the announcement or lack there of. It will give us an important read on the state of liquidity.

To: NickSE who wrote (41529)	5/18/1999 2:07:00 PM
From: John Pitera	Read Replies (2) \| Respond to of 86076

the Fed did move to a bias for tightening, but no change in rates. there is a last Shadow position trading thread on SI

To: NickSE who wrote (41529)	5/18/1999 7:19:00 PM
From: NickSE	Respond to of 86076

-ufb- When Lawrence was a freshman at James Madison, his parents, Kenneth and Larrilee Black, handed over to him three years of tuition, money they had received in trust from his late grandmother. Lawrence went to put the money into certificates of deposit, but an officer at the bank persuaded him to look into stock mutual funds. He bought. Then he started buying individual stocks. Between classes, he'd use pay phones around campus to call the Charles Schwab brokerage and trade. Although he wasn't a great success, he became hooked on the idea of trading stocks. washingtonpost.com