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To: Defrocked who wrote (42121)5/21/1999 11:36:00 AM
From: John Pitera  Respond to of 86076
 
Alan Abelson had a few comments and a chart on the deceleration in M3 growth in the past several months. It was in Barron's a few weeks ago.

This data seems to be along the same line.



To: Defrocked who wrote (42121)5/21/1999 11:36:00 AM
From: wlheatmoon  Respond to of 86076
 
thanks for that info....I think the money supply drop will be felt by many....



To: Defrocked who wrote (42121)5/21/1999 11:47:00 AM
From: Defrocked  Read Replies (2) | Respond to of 86076
 
FWIW Department.

I've reduced some profitable positions today in
a few Telecom stocks, UNPH,SDLI,NPNT. ABX is now
absent from my portfolio although I still have
some NEM in order to maintain some exposure to
gold. Mostly, I desired to get a little more
liquid again and take a portion of the 30% runups
in Telecoms off the table.

I am also now short Jun SP500 futures which I'm
sure will turn out to be a loser.<g>


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