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To: Lucretius who wrote (6946)	1/29/1999 7:56:00 AM
From: The Ox	Read Replies (1) of 14427

I dispute your term crash, especially when used in context with the Dollar index. We have seen a correction of roughly 10% (from 102 to 91). Since that correction, we have seen a zig-zag rise. This morning we are seeing dollar strength against euro and other currencies. Luc, We will crash only when the world losses confidence in our markets. I just don't see that happening right now. You continue to mention words like "event" in your posts. I believe we will need a trigger mechanism to cause any such event. I think we should pause this discussion for a week. If at the end of next week we haven't shown a panic in any of your indicators, I would like you to consider that your view may be not be accurately assessing all the current market factors and forces. A correction is not a crash. A back fill/breather is not a crash. respectfully, Michael

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