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Strategies & Market Trends : The Millennium Crash

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To: yard_man who wrote (4797)	12/27/1999 11:58:00 AM
From: Tommaso	Read Replies (1) of 5676

Tippet, you don't know what legalized telephone-bill robbery is until you have a daughter calling between countries in Europe on a phone card that bounces the signal back to the states first. $10 a minute. This was Sprint. Beware. Buy local phone cards in moderate denominations and there's an automatic limit. I have been reading John Keegan's history of World War I, which I got for Christmas. I wish I had read it three years ago and applied it to the stock markets. There is simply no limit (except bankruptcy or death) to the folly that human beings are willing to commit themselves to enthusiastically, when they believe that God is on their side and that they can't lose. The Federal Reserve added the final fillip by literally printing currency because they thought everyone would be going to the banks this week to demand money. The redepositing of any cash hoards that have indeed accumulated will swell the money supply even more. Well, at least I can say these things without being put in jail for it--though I did once get a death threat on the Dell thread.

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