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To: Rarebird who wrote (43659)10/23/1999 10:30:00 PM
From: long-gone  Respond to of 116761
 
<<This slow grind down can go on for another few months before>>

10 months maybe 11 months. Remember, this White House plays the stock market like a fine violin. Watch that election timing.



To: Rarebird who wrote (43659)10/24/1999 10:30:00 AM
From: Lucretius  Read Replies (2) | Respond to of 116761
 
i do not disagree that the bear is going to last a while, but the indexes still have to crash and catch up w/ the rest of the mkt which is sitting on 1994 and 1996 valuations. at some point they will. The fed cannot stop it. if they try, bonds will selloff that much faster. the bond mkt will not rally till stocks are destroyed.


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