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To: Stcgg who wrote (91795)8/29/1999 9:40:00 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 119973
 
Is that Capitulation Day or capitulation Day?



To: Stcgg who wrote (91795)9/1/1999 3:53:00 AM
From: Stcgg  Read Replies (2) | Respond to of 119973
 
Japan Knows US Markets About to Crash..

Asian money is leaving US stock and bond markets faster than US retirement funds can pour it back in.. Now the funds fear the worst, that investors will fear the Fed and Y2K, finding it necessary to pump the markets, if for no other reason than to give themselves first exit.. With the dollar at a 5 yr low of 109.23 against the yen, and bond rates over 6%, most stocks are in a bear market already.. Once the Dow sinks below 10594, Dow Theory calls it a technical Bear Market, which will initiate sell programs.. The Fed thinks the market is overvalued by 40% and has made it a key indicator of inflation.. Advance/Declines continue to deteriorate.. Economic figures continue to point towards inflation.. Continued divergences against secondary indices.. Y2K fears continue to draw liquidity out of the equities market.. All indicators extremely bearish.. Once the funds are out, this market is crashing!

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