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Strategies & Market Trends : Gorilla and King Portfolio Candidates -- Ignore unavailable to you. Want to Upgrade?

To: John Madarasz who wrote (2285)	5/28/1999 12:13:00 AM
From: Teflon	Read Replies (1) \| Respond to of 54805

Simply repeating what was hitting the phones and news desks on the Street today, John. I have no idea whether it's true or not. Believe me, I hope it's not. If anything, I think there was some confusion regarding a consulting firm's report that the Fed will raise rates at their June meeting. Lots of confusion today, however. Let's get something straight. I am a Bull on the market. I DO NOT SHORT THE MARKET. Today hurt me more than it hurt you. Trust me. I was simply passing along what I heard in an attempt to try and explain why the Market sold off so dramatically. I'll try to refrain from such posts in the future. Teflon

To: John Madarasz who wrote (2285)	5/28/1999 7:47:00 AM
From: Teflon	Read Replies (1) \| Respond to of 54805

Sorry, John, I couldn't resist. Per Bloomberg this morning: - Regarding inflation: Hong Kong economy slowed a larger than expected 3.5% in first Q of '99; Copper prices tumbled to two month low as fears of a slowing economy/consumer demand appear to be resurfacing --- this doesn't help the inflation argument. - Regarding the Fed: There are new reports this morning renewing fears about a rate hike that suggest the Fed may seek to raise rates by .25% as early as today. Again, this text is exactly as it has been reported by Bloomberg News this am. I am not making this information up for selfish reasons. Teflon