The Millennium Crash Message Board

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Strategies & Market Trends : The Millennium Crash

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To: ted cerezo who wrote (680)	9/6/1997 7:10:00 PM
From: Thomas C (Hijacked)	of 5676

Ted, haven't read that one yet but I will have to check it out some time. But as of this moment in time, I definitely support the crash theory. Although I am not sure a crash can be attributed to a transition period from 2nd to 3rd waves of the boomers. My basic position now is that all these external factors (ie. baby boomers, global economy, strong corporate earnings, technology underpinnings driving the market) will not drive the direction of the market near term. I believe the near term direction will be driven by the mass psychology and struggle to break (one final gasp) to new highs. As a side note I was just listening to Bob Brinkers money talk on AM radio and a caller said he took out a $100,000 loan against his house to put in mutual funds. His justification? His mutual funds are earning 19-20% a year. After hearing stuff like this, it has got to be the top. Time will tell. Tom

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