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To: McNabb Brothers who wrote (59983)	9/1/1999 11:18:00 PM
From: kimberley	Read Replies (1) \| Respond to of 86076

geez... now you understand why i'm so scared of the nuts?<g>

To: McNabb Brothers who wrote (59983)	9/1/1999 11:19:00 PM
From: Cynic 2005	Read Replies (1) \| Respond to of 86076

Hank, one thing is for sure. I don't think it will happen exactly the same way as it is projected. Any perfect superimposition of charts will be done after the crash.

To: McNabb Brothers who wrote (59983)	9/1/1999 11:29:00 PM
From: Terry Whitman	Respond to of 86076

Here's another juicy one- lowrisk.com Pass the Thunderchicken. I'm ready for the meltdown.

To: McNabb Brothers who wrote (59983)	9/2/1999 12:26:00 AM
From: Bob Markley	Read Replies (1) \| Respond to of 86076

Might look good on paper. Would like to know how they made that chart of '29 , as the rally only went from 1919- 1929 & how it could it economically be compared to current time. A couple of facts..., mild deflation (via farm prices) from 1917-1929 propelled the market. This was in a climate of RISING interest rates, peaking in Oct. 1929 at overnight broker call rates of 17-19 % , if they could find the money and it could not be found, ... anywhere!!. After several liquidity bailouts, the famous "Babson break occurred" , ... and that was the start of falling interest rates,. in a massive deflation/depression to interest rates of 1/4 of 1% in 1932. Interest rates were inverted in 1929, they are not today. If they were, we all should be trading gold futures. Today we have seen a mild deflation since '82 that has propelled the market to current levels with mildly rising interest rates. Sorry to burst ya-all bubbles, ... this thing looks real good to trade for the next approx 4 years, ... both up & down. My economic model would be current time approx 1924, as interest rates are still low & the rally is still intact. Tomorrow , basis es99u & sp99u , looking for a continuation of current upswing, that's upswing, not uptrend.

To: McNabb Brothers who wrote (59983)	9/2/1999 4:44:00 AM
From: PaperChase	Read Replies (1) \| Respond to of 86076

You forgot to tell people how that "crash" graph is rigged. To equate a pool of stocks in 1987 to a pool of stocks today is silly. How were stock points calculated? What happens if the quality of companies making up the index today are of higher quality than yesteryear? If the stock market goes higher this fall, will you be back to tell us why it did not behave according to the graph? I think not.

To: McNabb Brothers who wrote (59983)	9/2/1999 7:11:00 AM
From: pater tenebrarum	Read Replies (3) \| Respond to of 86076

Hank, margin debt stands at approximately $180bn., needless to say, that's a record high and a truly staggering sum. if the correlation depicted in these charts continues to hold sway, we will have scores of people jumping from buildings... once again, the Fed is indirectly responsible for the vast increase in margin debt that has occurred in recent years, by refusing to entertain the thought of raising margin requirements. anyone foolish enough to be long on margin in the most overvalued market of all time deserves however to be taught a lesson.