Roger's 1997 Short Picks Message Board

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Strategies & Market Trends : Roger's 1997 Short Picks

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To: Roger A. Babb who wrote (4419)	8/1/1997 12:45:00 PM
From: NYBellBoy	of 9285

Roger - First time posting to your thread. IMHO this market is so crazy it can't continue. FYI, I work in mid-town manhattan and it's scary. In the last two months there have been bomb scares at the PA Bus Terminal. They locked the complex and kept 1/2 of the people locked in. There have been threats to blow up the subways and trains. If NYC were to be crippled, what effect would it have on the market? Not a 10% correction, but a big correction. The cities in this country are ugly places and many people are fed up. NYC has improved in the last few years, but it's still bad. The Asian economy in in termoil and a Korean War would be devasting. The Middle East is a Powder Keg. And there is still the chance that Clinton will be empeached. The Tax Act for people is good, but their budget is creative accounting. This is going to stop and when the skeptics give up it means that it going to blow. I hope only for a reasonable correction and a return to some sanity. Regards, BellBoy

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