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To: 2MAR$ who wrote (76335)5/22/1999 1:09:00 PM
From: Dr. Stoxx  Respond to of 119973
 
To all momentum traders:

I thought it might interest readers of this thread to see recently closed short trades made with the Befriend the Trend Trading system. We are now almost exclusively focusing on the short side.

If interested, see: Message 9684751 and Message 9684832

TC.



To: 2MAR$ who wrote (76335)5/22/1999 2:53:00 PM
From: Nietzsche  Respond to of 119973
 
LOL, I am sure you will! Hopefully I will be able to show my face here for some time to come.

Clinton Urges House to Pass Gun Controls Approved by Senate


Washington, May 22 (Bloomberg) -- President Bill Clinton urged the House of Representatives to pass new gun-control measures approved this week by the Senate in an effort to reduce youth access to weapons.

''I hope the House will pass every one of these common-sense efforts that the Senate has passed,'' Clinton said in his weekly radio address. ''And I hope they'll do it before school lets out.''

Clinton and Senate Democrats won a legislative victory this week when the Republican-led Senate capped two weeks of tumultuous debate over weapons restrictions by passing a Democratic-sponsored measure to require mandatory background checks on gun sales at gun shows. With the Senate deadlocked 50- 50 on that proposal, Vice President Al Gore cast the deciding vote.

House Speaker Dennis Hastert, an Illinois Republican, has voiced support for the gun-show measure and a separate Senate- passed proposal to raise the minimum weapons purchase age to 21 from 18. He hasn't pledged, however, to bring those matters -- or other gun-control measures -- up for a vote. Clinton met with congressional Democrats yesterday to find a strategy for pushing the legislation. Legislators vowed to push for a vote before the end of May. Republicans have said they prefer dealing with gun matters in a separate juvenile justice bill that is still a long way from a vote in the House.

''In this country, it's easier to buy a gun than a car,'' said Representative Patrick Kennedy, a Rhode Island Democrat. ''We have to do something about that.''

In his speech, Clinton praised the Senate for passing a host of gun-control measures, which include a requirement that all new guns sold must have child safety locks and a provision that bans violent juveniles from purchasing weapons. The Senate also passed a measure that bans the importation of ammunition clips for assault weapons.

Congress has been reluctant to pass weapons-control legislation, although action in the Senate over the past two weeks indicates that the anti-gun measures are being viewed differently in the wake of last month's tragic shooting in Littleton, Colorado, where a pair of teens killed 13 students and a teacher at Columbine High School before taking their own lives in the worst incident of school violence in American history.

''The signs of the past week are very hopeful, but we have to keep at it,'' Clinton said. ''We can't forget the children of Columbine and all the other children who were lost because their culture, their society is too violent, their laws too lax.''

May/22/1999 10:27

For more stories from Bloomberg News, click here.

(C) Copyright 1999 Bloomberg L.P.