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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Knighty Tin who wrote (61074)5/29/1999 12:38:00 PM
From: Ramsey Su  Read Replies (1) | Respond to of 132070
 
Michael,

hey, where is the Barron's review? Don't think that it is a holiday weekend and you are somehow permitted to be late with your obligations. <g>

Regarding the feds and the fear of interest rates: has anyone asked the question what if? The USD is already too strong. Raising rates will push the dollar stronger. Current accounts and other trade problems will certainly escalate. Our economy is running out of steam. The next fed move will be down, vs up. However, jawbone direction is up and is the correct strategy. Since most investors refuse to think for themselves, a little "lie" is necessary to keep them from going hog wild. Can you imagine if the Fed reveals their true intention of cutting rates? DOW 20,000 next week?

Ramsey



To: Knighty Tin who wrote (61074)5/30/1999 2:09:00 AM
From: Stefan  Read Replies (1) | Respond to of 132070
 
Michael, I listened on the radio to Bob Brinker today. He had an interesting trivia question "in what year did the NYSE increased the floor space to accommodate more trading?

Answare is "in nineteen hundred twenty nine"

Now in what year did NYSE and NASDQ substantially increased trading hours to accommodate trading?