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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: PaperChase who wrote (62319)6/14/1999 3:57:00 PM
From: Freedom Fighter  Respond to of 132070
 
Paper,

>>If the S.E. Asia crisis, failed hedge funds, and various wars can not make this market tank, then nothing will.<<

Ironically, I suspect that the 3 items listed above actually helped the U.S. markets. SE Asia and the war contributed to capital flight to the U.S. The hedge fund debacle lead to the federal reserve flooding the system with money and easy credit.

Wayne



To: PaperChase who wrote (62319)6/14/1999 5:15:00 PM
From: Giordano Bruno  Respond to of 132070
 
>>My suggestion is to buy the dip. There will likely be a strong dip over Y2K and you should save your credit card lines for that glorious buying opportunity.<<

Thanks for the tip, I'll order more credit cards.

No problem.



To: PaperChase who wrote (62319)6/14/1999 6:51:00 PM
From: Mama Bear  Read Replies (1) | Respond to of 132070
 
Paper Chase, tell me again why higher prices make purchasing equities to hold long term less risky.

TIA,

Barb



To: PaperChase who wrote (62319)6/15/1999 11:25:00 AM
From: Yogizuna  Read Replies (1) | Respond to of 132070
 
PaperChase,
I have to grin here! <GGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGGG>
This strong up market will survive even after Pakistan and India start lobbing nukes at each other??? Methinks you have been wandering around the cow pie fields too long my man! The stench tends too get to the brain cells after prolonged periods of hanging out with the bulls! <G>
Using credit card lines to buy the dips??? I know two people who actually did that. One built up a nice portfolio and paid down the debt with the profits, while the other person is trying to stave off bankruptcy. In other words, doing that kind of thing is just pure gambling plain and simple, so you may as well go to Atlantic City or Vegas with your lines of credit. Same thing. Yogi