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Seahag
Just saw your post. Glad you liked Billy Elliot and Finding Forrestor. Have heard good things about both flicks. Always good to hear another opinion. I'll put these on my list of videos to check out.
Yes, I remember F Murray Abraham in Amadeus. He was extraordinary.
FG, you're welcome and thanks for the tutorial....Love the self portrait LOL. SH
SH, Thanks for your good Father's Day wishes...
é = type 130 while pressing Alt key...
è = same with 138
ê = same with 136
ë = same with 137
ç = same with 135
Regards, François Goëlo + (º¿º) +
Ender, I posted to you on the SEVU board the I finally rented "Billy Elliott" (sp?) Cute film. I loved the father and the whole family for that matter. Grandma was adorable. At first I was concerned that the father was going to be another Irish drunken dad cliche and was relieved when the plot did not take us there. The characters all developed profoundly throughout the film.
I also rented "Finding Forrester" F Murry Abraham sure plays a great *******. Remember him in Amadeus?
FG..... how do you get that / mark above the "e" in words like cliche????
HAPPY FATHERS' DAY to all you Dads out there!!!! :) SH
***¶***Weekly Economic Indicators & Second Guessing Grenspan....
WEEKLY UPDATE FOR: June 16, 2001 by Bob Bose
Prior Week in Review:
Financial Market Highlights:
============================
06/15/01 06/08/01 %Change
S&P 500 1,214.36 1,264.96 -4.00%
Dow Jones 10,623.64 10,977.00 -3.22%
NASD Comp 2,028.42 2,215.10 -8.43%
Russell 2000 495.13 511.72 -3.24%
SOX Index 608.92 675.70 -9.88%
Value Line 391.26 410.22 -4.62%
MS Growth 548.30 564.39 -2.85%
MS Cyclical 538.97 566.23 -4.81%
T - Bill 3.43% 3.53% -10 BP
Long Bond 5.67% 5.73% -6 BP
Gold - Oz-Near Month $272.30 $274.50 -$2.20
Silver - Oz-Near Month $4.40 $4.37 +$.03
Economic News:
==============
Backward Looking Data Weak - Forward Looking Reports Better
Both Producer and Consumer Price Indexes Positive
No Change In Our View - Second Half Recovery Still Best Bet
*Richmond FRB Index improves to -20 in May from -25
*May Retail Sales rose +.1% - Ex Auto +.3% - Also April
Revised to +1.4% from +1.1%
*Federal Reserve Board (FRB) Beige Book Stresses Softness
*Jobless Claims fell -12,000 to 428,000 - Four Week
Moving Average rose +11,000 to 424,500
*April Business Inventories unchanged - Sales fell -.5%
Inventory/Sales Ratio rose to 1.44 months from 1.43
*May Producer Price Index rose +.1% - Core Rate -
Without volatile food and energy prices - rose +.2%
*May Consumer Price Index rose +.4% - Core rate up +.1%
*May Industrial Production off -.8% - Eighth drop in a row
*Capacity Utilization for May fell to 77.4% - Lowest
Since August 1983
*Michigan Consumer Sentiment at Mid Month 91.6 - Virtually
Unchanged from May's final level of 92.0
No reports that were released last week would cause us
to alter our long held view that an economic recovery
should begin late in the second half and accelerate into
2002. The weakest appearing reports were industrial
production, and, naturally, capacity utilization - but
they are only reflecting the concentration of the slowdown
in the manufacturing sector. In effect, old news.
The FRB's Beige Book also reflected a very soft economy,
and was somewhat unusual in the tone of the summary remarks.
But, there was also some good news in the report in that
they noted "Most districts saw only modest pressure on
wages." And "... workers report favoring job security
over higher wages." As you know, we are much more concerned
than most that inflationary pressures could build as the
economy accelerates, so the absence of wage pressures
is a real positive.
The more broadly based price indexes also support that there
is no near term price pressure. At the producer level
both the overall index and the core rate (excluding the
more volatile food and energy categories) were well
behaved. And, while the "as reported" consumer index
rose sharply, the core rate was well contained. And, since
these surveys were taken, energy prices have backed off. So,
for now the Federal Open Market Committee (FOMC) will not
feel constrained by inflationary concerns.
While one bit of data is never conclusive, the fact that
business inventories were unchanged, even as sales eased,
is at least modest support that the worst of the production
cutbacks has already occurred. And then there is the consumer.
As noted above, the Michigan Consumer Sentiment Survey was
basically unchanged over the past two weeks. Some may view
this report as "who cares", but the point is that consumers
do not appear to be retrenching, and certainly not to the
extent some believe was implied by the latest retail sales
report. In other words, we are much more comfortable
"smoothing" the retail sales data for April and May as
an indication of overall consumer demand, and the latest
Michigan Survey supports our view.
And, in just over a month, the first weekly mailing of tax
refund checks will be begin - just in time for "back-to-school"
spending, or a little extra vacation spending. And, with any
luck at all, the lagged impact of prior monetary easing should
begin to "kick in" shortly thereafter, in time for the important
holiday selling season.
Perhaps this is "scripting" the consumer too precisely, but
in the larger scheme of things it is the direction, and
magnitude, that are important not the exact timing. So, given
our belief that consumer spending should recover as the second
half progresses, we remain convinced that a recovery will
be underway before year end.
And, given the benign inflationary readings, and the tone of
the FRB Beige Book with an easing bias in place, it seems
likely that the FOMC will take out an "insurance policy" later
this month with one more rate cut. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Tuesday: Housing Starts/Permits
Wednesday: Leading Economic Indicators
Thursday: Jobless Claims, Philadelphia FRB Index International Trade Data
***¶***Weekly Economic Indicators & Second Guessing Grenspan....
http://www.investorshub.com/boards/read_msg.asp?message_id=119163
***¶***Weekly Economic Indicators & Second Guessing Grenspan....
WEEKLY UPDATE FOR: May 19, 2001 by Bob Bose...
Prior Week in Review:
Financial Market Highlights:
============================
05/18/01 05/11/01 %Change
S&P 500 1,291.96 1,245.67 +3.72%
Dow Jones 11,301.74 10,821.31 +4.44%
NASD Comp 2,198.88 2,107.43 +4.34%
Russell 2000 506.28 487.36 +3.88%
SOX Index 657.43 616.78 +6.59%
Value Line 412.44 396.97 +3.90%
MS Growth 567.60 557.11 +1.88%
MS Cyclical 578.27 546.20 +5.87%
T - Bill 3.51% 3.68% -17 BP
Long Bond 5.75% 5.88% -13 BP
Gold - Oz-Near Month $287.80 $269.50 +$18.30
Silver - Oz-Near Month $4.58 $4.35 +$.23
Economic News:
==============
FOMC Cuts Rates One Half Point And Maintains Bias To Ease
Accompanying Press Release And Minutes Note Wealth Effect
Our View Unchanged - Second Half Recovery, But Risks Increase
*March Business Inventories fell -.3% - Sales also fell -.3%
*Industrial Production for April off -.3% - March revised
Sharply downward - Capacity Utilization eased to 78.5%
*FOMC cuts rates by one half point - Maintains Bias
Toward further ease - See Below
*April Housing Starts rose +1.5% - Permits fell -2.5%
*April Consumer Price Index rose +.3% - Core Rate -
Excluding Food & Energy - rose +.2%
*Jobless Claims fell -8,000 to 380,000 - Four Week
Moving Average drops -2,250 to 401,250
*Leading Indicators in April rose +.1%
*Philadelphia FRB May Business Activity Index was -8.8
Basically unchanged from April's -7.2
*March Trade Deficit rose by +$4.3 bil to $31.2 bil
Exports softened, imports surged
Obviously by now everyone knows that the Federal Open
Market Committee (FOMC) lowered both the Federal Funds
Rate and the Discount Rate, to 4.0% and 3.5% respectively.
And they maintained their bias to lower rates further if
need be. We expected the former, but thought, perhaps
hoped is a better word, that they would remove their bias
toward further rate reductions. Our concern is simply that
an almost 40% reduction in short term rates, in so short a
period of time, could end up being too stimulative, as the
economy reaccelerates during the second half.
Clearly this is not a concern for the FOMC. The press
release last week noted the " ... effects of earlier
reductions in equity wealth on consumption ... continues
to weigh on the economy." The same theme is repeated
numerous times in the minutes from the March FOMC meeting.
So, it appears quite clear that the FOMC wants higher stock
prices to avoid what in their opinion is the negative
"wealth effect" from declining stock prices.
In addition, and as we had expected, they did ignore the
negative report on first quarter productivity - or more
accurately lack of it. What we didn't expect was that
they would specifically comment upon it by noting that
"Although measured productivity growth stalled in the
first quarter, the impressive underlying rate of increase
that developed in recent years appears to be largely intact,
supporting longer-term prospects." We hope they are right.
In our view, then, the FOMC is making a big bet. Simply
put, they are employing a very aggressive easing policy to
try to jump start an economic reacceleration that will
significantly improve productivity growth - sufficiently
so to ward off any significant inflationary pressures.
They are hopeful that softening labor markets and below
trend GDP growth will moderate inflationary pressures.
Our concern is that inflationary pressure, albeit modest
at the moment, is building - that's not a forecast that's
a fact. If these pressures do not abate before the
stimulative impact of the FOMC's policy "kicks in", then
inflationary pressures will get worse, and easily exceed
consensus expectations. A clear negative for financial assets.
The presumed response from the FOMC would likely be a
tightening, and there is some indication that they are now
more willing to use more frequent changes in policy to try
to meet their overall objective of non-inflationary growth
in line with their revised view of the economy's potential.
For instance, the minutes of the March meeting note discussion
of the need for a three quarter point cut, rather than the
half point reduction that was adopted. Presumably they were
still trying to bury the Greenspan put then as we noted,
so they didn't want to "cave in" to the market. But "Most
members agreed, however, that in the context of their focus
on the economy, smaller, possible more frequent, policy
adjustments were appropriate to afford them the opportunity to
recalibrate policy in rapidly changing and highly uncertain
circumstances." Presumably this statement was meant to refer
to a slowing economy, but clearly it can be applied to
tightening moves as well if inflationary pressures increase.
However, there appears to be little doubt about the Fed's
desire to return to approximately 3% growth as soon as possible.
We think the bias should have been removed, and that the FOMC
should wait for more data to determine if further easing is
necessary. Clearly they disagree, and think they can
"recalibrate" if necessary.
Their choice of terms implies a precision in monetary policy
that I simply do not believe exists, and I think they are trying
to "fine tune" too much. So, in my view the risks have increased.
Not really over the near term, but any second half recovery
will need to be monitored very, very closely. Stay tuned !
Current Weekly Calendar of Economic Data:
=========================================
Thursday: Jobless Claims, New Home Sales
Friday: Q1 Preliminary GDP, Durable Goods, Existing Home Sales, Univ. of Michigan Consumer Sentiment
<font size="+2"><font color="chocolate">RETURN of the JEDI</font></a>
Firstly, I'd like to thank all the posters who follow and posts on the Threads I chair: SEVU, F.GEMS, EXHIB and MM+SSB and have shown their support during my time-out... Other posters, such as Georgia Bard, Marty Lewis, Bird of Prey, Kurious Kat were also very supportive and their concern is much appreciated...
I want to make it abundantly clear that I stand by every posts I have ever written on this Message Board and have absolutely No regrets whatsoever... My purpose was to expose perceived threats to the original iHUB model and to stimulate the implementation of solutions, without delay...
I note that many things have changed for the better in the last seven days and that my termination/suspension wasn't in vain... That I should be terminated/suspended at all for pointing out certain obvious inadequacies in the system, clearly demonstrates that there is still much to do to get it right, as such action was clearly unfair and totally unjustifiable...
Matt has promised me a hand-build Italian marble Cyber Statue to thank me for my untiring efforts to help build iHUB, from around Post #3200, at the end of August 2000, and perhaps for being the first "Martyr" to the iHUB cause...<g>
http://www.investorshub.com/beta/read_msg.asp?message_id=3301
http://www.investorshub.com/beta/read_msg.asp?message_id=3485
Needless to say that a number of "Old Guard" Posters are going to continue monitoring vigilantly the implementation of various improvements in the many areas that are in need... So, let's get back to posting balanced, supported and Credible posts....
And may the SCHWARZ be with YOU!....
JMHO, F. Goelo + + +
The header was changed recently:
Chairman: Francois+Goelo
Director(s): Claire
Created: 9/19/2000 10:13:19 AM (ET)
*******¶****** "VENT about ADMIN BOB THREAD" *******¶*******
The Exhibitionist's Corner, as this thread used to be called, is a Thread specially dedicated to the exhibitionist streak in each
of us and more particularly to Claire, Chantal and Minouche, who gave me the idea... Good place to chat up the posters with
whom you have an affinity and discuss personal matters that really have no place on Threads dedicated to Stocks Talk...
However, since this thread is Dying and that Admin Bob complains about being BASHED on his own thread, I wish
to help him by providing RELIEF and a personal Favor, by making this thread the:
OFFICIAL "VENT about ADMIN BOB and THINGS" Thread....
http://www.investorshub.com/beta/board.asp?board_id=504
"PPS. This is also not the "Bash Bob" thread. Anyone whose primary focus on this site is to come here and just bash me will
be promptly shown the door."
In addition, Bob really opened my eyes, as to his vision of what a non-stock Thread was, when he stated:
"Anyway, it's a non-stock thread (as I've already said) and they can pretty much delete anything they want. For all I care, they
can delete every post that doesn't include the word "purple" in it. The stock threads are an entirely different matter.
So, I guess pretty much everything goes, except for personal attacks against me....<g>
JMHO, F. Goelo + + +
This board was originally designed for a place to have off-topic chats. It shouldn't be viewed in any other light. SH
well so much for keeping IHUB on an intellectual level.
rm
It appears that the problem is because of a massive amounts of deleted posts. If you click on previous 50 it will yake you to the rest of the posts. Please someone....fix this. Thanks. SH
BTW, you CAN still access the posts by clicking on previous. You just can't see them on the message list. ADMIN, can you fix this please???? Thanks, SH
What happened to all of the posts prior to 492?? The message list won't show any of these??? SH
What a nasty bunch of innuendo, lies and wishes. I'm sorry I defended you to Bob. I hope you get booted for good over this post, Vince. Shame on you.
Aces, are you still having trouble?????? I noticed that on the message list I can only scroll down to the past four or five posts. What messages are missing??? Are you still unable to access your mail???? MATT BROWN.....where are you?????? SH
SOS I can't view my mail. I don't want to ask that idioty because i dont like him. is there anyone else here who can help.
What's wrong with this site? Messages keep disappearing and I can't view my mail box.
Je crois que Bob a une certaine preference pour les garcons.
Which literally means that Bob has a certain preference for some guys over others.
I've been a long time member of SI. I stumbled across this site a few days ago only to find that the fools at IH showed no wisdom in their hiring of Bob.
Much of the troubles at SI were stirred up by Bob with hisa preferred list of little buddies. Anyone sharing a different opinion was almost immediately reprimanded, suspended or terminated. He allowed and tolerated attacks by his little boy friends (no pun intended). Yet, someone who wasn't in his immediate circle of friends was quickly ousted or silenced.
I see the same crap repeating itself with Bob here on IHUB.
Keep it up Bob. Maybe some day someone will catch up with you and you will once again be begging for food at the soup kitchens.
TSI
Humbly report, FG, re your, "Perhaps you should brush up on the Laws concerning Freedom of Expression...."
"Congress shall make no law..."
( http://www.law.cornell.edu/constitution/constitution.billofrights.html )
"About iHub" -- http://www.investorshub.com/advertise/about.asp
Humbly don't see anything in the above "About iHub" -- a private enterprise with absolute power over member conduct on its premises, whose owners/admins choose (or not) to allow us to be here -- indicating it is the US Congress, so yes, perhaps someone should indeed brush up on the Laws concerning Freedom of Expression.
Humbly suggest that someone is FG, first and foremost.
Cheers,
Svejk
How about "Vent about Bob and other light conversation" SH
Gotta run....party today for my son. Later, SH
SH, YES, you can VENT about other things...
Let's start with venting about the stupid Graphics the SI'ers have been posting everywhere, thinking they're supporting Bob... It takes a lot of bandwith, which slows the download of the page and is very annoying...
But Bob allows it and I wonder why....
See, I have already changed the Hearder to suit...
OFFICIAL "VENT about ADMIN BOB and THINGS" Thread....
JMHO, F. Goelo + + +
Poet, you're welcome...
Glad to hear your opinion about Bob... After all if such Thread as: "Is iHub A Scam?" is allowed, "VENT about BOB" would appear to be a mild addition...
Perhaps I should convert another one of my "dormant" threads into a "Praise Bob" thread, if spamming of posts irrelevant to the subject of this thread becomes a problem...
"...get with the program and toss these gnats off!"...
Perhaps you should brush up on the Laws concerning Freedom of Expression... To be critical of Bob is not a good enough reason to "toss off" posters, I can assure you...
JMHO, F. Goelo + + +
FG, I like this thread, for what it's worth. Maybe we should try a little harder so it doen't die and decompose. Please reconsider. Thanks, SH
P.S. You can still use it to vent about anything. I just don't want to see it turned into a vent aginst Bob only board. JMHO
Claire, glad all is well with you. Very busy today getting ready for a Bon Voyage party for my youngest son. Off to the Air Force. My oldest son went to Honduras for Sping Break. He loved it. Good luck with your gold mining. Hope it is more lucrative than the market has been. No diving for us lately but this fishing is heating up. Gotta run. SH
Hi FG,
I'm so glad you started this thread so I can vent about HUBob, constructively, of course. Frankly, I think he's gone way overboard in allowing spamming and personal attacks on the site. I mean, about seventy-five percent of the posts on the Ask IH Admin Bob thread are personal attacks by multiple account users, or repeated posts by people with longstanding (and deeply uninteresting) vendettas! I mean, what's up with that?
And he's not doing his job. You know, all those annoying and meaningless posts he's answering over there are taking away from important duties like working with the programmers to improve the site and improving the CoB concept. I mean, come on Bob, get with the program and toss these gnats off!
Great thread and thanks for the opportunity to vent.
Bob, I was just trying to help,...
to stop the "off-topic" posting taking place on iHUB... Besides, who is more "qualified" than me to chair such an important Thread?... In addition, I might well be fairer than you can possibly imagine... You noticed, I didn't use the "Bash Bob" title you suggested, as I found it far too Crude...
BTW, I don't have a Vendetta against you... I have merely been asking you (unsuccessfully, so far), to be Fair, Unbiased, not to Abuse your Powers, etc... These are reasonable requests entertained by a number of posters on iHUB who really need a Forum, as you have yourself recognized...
http://www.investorshub.com/beta/read_msg.asp?message_id=94170
You should also bear in mind that I have been here much before you came, (from around Post #3200) and that my various Threads have helped shape iHUB in what it is now, with some 14% of total posts at one time... I do like Matt, the owner and the iHUB Format and don't want to lose that...
We can start with this Statement of "No Confidence" and hope that things can only improve from here... What do you say?...
http://www.investorshub.com/beta/read_msg.asp?message_id=94132
JMHO, F. Goelo + + +
Oh, this should be fair. The person with the biggest vendetta against me chairing a board about me and able to delete anything that goes against his personal bias?
I will not give this board the dignity of a bookmark or any further posts after this one.
Seahag, nothing new in my life....made some trades here and then but nothing really exciting.
Except the weather, of course, and the goldmining in the Sierra.Nuggets, nuggets !!!!
Otherwise, I have work over my head....These studies are becoming time consuming.Project after project...Still want to have time to do interesting things ! How is the diving in Florida? I really miss that !Just went back from a trip in Central America where it was fun and people were so nice. And the beaches.......Hmmmm.....A delight.
Is anybody here??? No activity on the other boards I read so I thought it might be fun to come and play on this thread. Can't believe how nice the weather is in Florida still for this time of year. Won't be long till we go to the 90's so I'm really enjoying this. Claire, what's new and exciting in your life??? Dahlias, do you ever visit us anymore??? I miss you guys. SH
Joe, we're very diversified: check MM + SSB
http://www.investorshub.com/beta/board.asp?board_id=194
F&G Interesting board here. Let it go? As in ... hammer on your favorite lowlife basher you would like to see in jail? Or possibly... invite all decent posters with money invested to spend the weekend picketing in front of her trailer? Or maybe we all just picket all the sites that have recently become a bashers paradise?
Message board use down by 75%. I can understand why! They used to be a place to gab about your holdings, watch the pumpers have some fun, and put up with the bashers who worked hard a few days and then made their buy. Now, the bashers camp out for years and ruin the boards. Down 75% Yep!
Nice board to vent yourself.
Joe
***¶***Weekly Economic Indicators & Second Guessing Grenspan....
http://www.investorshub.com/beta/read_msg.asp?message_id=77274
Been saving it all these years for my son to turn twenty. I think Tom Rush did it too. Been having terrible PC problems. Can barely get on line and the only way to get here is through a link on RB. I'M SOOOO FRUSTRATED. Seems to be working OK for now. Later, SH
And the seasons they go round and round
and painted ponies go up and down ....
How could one forget?
I first heard it by Buffy St. Marie. I think that's her name. The same version of the song appeared in a not so memorable movie called "The Strawberry Statement". Kim (True Grit)Darby was in that one. Had a good soundtrack. CSNY, CSN, Neil Young, etc.
What made you think of the JM song? Gives me mixed emotions.
You don't know what you've got till it's gone.
The day paradise put up a parking lot.
Anyone remember this one by Joni Mitchell???
Sent to two birthday kids this week.
Yesterday, a child came out to wander
Caught a dragonfly inside a jar.
He was fearful when the sky was full of thuder
And tearful at the falling of a star.
Then the child moved ten times through the seasons
Skating over ten clear frozen streams
Words like "when you're older" must appease him
And promises of "someday" make up his dreams.
Sixteen springs and sixteen summers gone now
Cartwheels turn to car wheels through the town
They tell him, "Take your time, it won't be long now
Till you drag your feet just to slow the circles down"
So the years go by and now the boy is twenty
And his dreams have lost their grandeur coming true'
Ther'll be new dreams, ther'll be better dreams aplenty
Before the last revolving year is through.
And the seasons, they go round and round
And the painted ponies go up and down
We're captives on the carousel of time
We can't return we can only look
Behind from where we came
And go round and round and round in the circle game.
SI and Raging Bull traffic down over 75%...
http://public.wsj.com/sn/y/SB98642644025207743.html
Monthly traffic at Raging Bull (www.ragingbull.com ), recently sold by CMGI Inc. to Spanish Web-services company Terra Lycos , fell to 135,000 unique visitors in February from 626,000 a year earlier, according to Internet tracker Jupiter Media Metrix. Silicon Investor, which is owned by Infospace Inc. of Bellevue, Wash., saw its traffic plummet to fewer than 80,000 unique visitors in February from 332,000 in the same month a year ago.
***¶***Weekly Economic Indicators & Second Guessing Grenspan....
http://www.investorshub.com/beta/read_msg.asp?message_id=72680
Correction: That should have said "You can lead a horse to water but you can't lead a whore to culture." SH
Hi Claire,long time. I was a general agriculture major at Penn State. My focus was in horticulture but I went the gen'l ag route so as to avoid some of the more difficult science classes such as Genetics, biochem etc. Gen'l ag was tough enough...still had to complete a year of Physics, Chemistry Organic Chemistry etc. As an Aggie I was required to take 9 credits of Animal Science. There was a lot of hands on experience in these classes. BTW did you know that you can lead a horse to water but you can't lead a whore to culure???? SH
Bagus, why don't you publish the TRUE List...
of your past successes... You could also contribute by posting your short picks, so we can all see how you're doing...
I'll make room for you on F.GEMS on the short side, while I muddle along on the long side and I'll add an Options' Expert to complete the pickture...
JMHO, F. Goelo + + +
Bagus, precisely for that reason... I now keep...
my picks, for what they're worth, to a circle of friends and long time followers, who don't make a practice of shorting...
I only mention socks Indexes here because there is precious little you can do about it...
JMHO, F. Goelo + + +
I no longer short stocks. I retired a wealthy man by shorting all of your long picks over the past year. Why don't you come back to RB and give us some more of your "due diligence"?
Bagus, I don't recommend stocks...
I only provide Due Diligence on stocks I like on the long side, when the Market is favorable, which is no longer the case... Perhaps you could tell us about the stocks you like on the short side, a better fit to the current market trend?...
JMHO, F. Goelo + + +
FG:
Why did you stop publishing your "Chairmail" email newsletter? I haven't received one since December. Are you no longer recommending BB stocks?
Just curious.
Oh My !!!! Just waiting for this one. SH, never imagine you were in this.
Claire
Wait till you hear the story about the breeding of mares from my horse management and training lab. Not tonight though. SH
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