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Technology Stocks : Internet Capital Group Inc. (ICGE) -- Ignore unavailable to you. Want to Upgrade?

To: Tunica Albuginea who wrote (609)	9/23/1999 1:23:00 PM
From: Tunica Albuginea	Read Replies (2) \| Respond to of 4187

mact, this may be a classical bear trap. i.e., we are in early correction or ?small bear market. The market looks to the future ( 6 months ahead ) not now. What does it see? -no current inflation but.. -steady pressures caused by rising wholesale prices ( they predate rising consumer prices). steady, higher,oil prices, going into winter. increasing wages: UAW won wage increase plus lifetime work guarantee ( memories of Japan 1986? ) increasing Health care. This will be big. HealthSouth, the premier perhaps hospital chain in America just ditched all their National HMO contracts: " not enough money". Next step: premiums will increase. Asian recovery:more oil consumption -Fewer workers:"want signs all over".Next thing-->higher wages. -Increase Yen strength and reciprocal dollar weakness Japan is starting to cut fat V.US EL Presidente vetoed balanced budget: visions of more tax and spend? Yen may become more attractive in future. Japanese will stop funding out debt.We will have to raise interest rates to pay for our big credit card debt/national debt. competition to our industry from cheaper Japanese products from leaner Japanese workforce. -Y2K fears -" Fears of October Boogie Man". I am still staying put and watching the horizon daily for any sails suggesting smooth sailing, TA @asTheMarketChurnsWithIndigestion.com