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Technology Stocks : America On-Line (AOL)

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To: Cosmo Daisey who wrote (2914)	1/19/1999 11:51:00 AM
From: Tunica Albuginea	Read Replies (2) of 41369

Cosmo, I agree with you re good old Joe. He missed the 90s Bull market cold. There is some hesitancy in the markets possibly because of Billy's problems. MANY still think he is responsible for this bull market. Unbelievable, when in fact he had nothing to do with it. Tonight he will try one more time to give away the family jewels for a piddling amount of political sympathy from the Republicans which personally I don't think he will get. The Democratic Congresses and Presidents' half-a-century old budgetary banquet orgies that have impoverished millions of Americans by loading them with a $1.5 TRILLION NATIONAL DEBT with giant monthly interest payments is finally coming to a stop thanks to Ronnie ( Reagan ). End of the Gravy Train line. I think a lot of people in the markets are afraid of that. As you know hundreds of US Companies have been on the Governments Welfare list for years and now it looks like hands out are over and these folks will have to make it on their own. That can be a frightening experience for some: ergo, side movements of the market. My feeling is that as a result of lower tax rate increases more money is flowing into American's pockets ergo the 1980s Bull market. This is not stopping. After Thurs. or Fri. off we go again. Moneys pouring into 401Ks. Americans bravely shrugging Billy and the Democrats off, and off we again. Low inflation will buoy the economy albeit at a lower sped. The Internet on the other hand is primed at warp speed. Relax and enjoy the ride. ( PS :Disclaimer: nothing I said above should be construed as an endorsement of Republican policies in as much as they are just as guilty of loading the Corporate Welfare wagon with pork over the years, on the backs again of the taxpayer ), TA

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