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To: pater tenebrarum who wrote (72585)10/28/1999 9:07:00 PM
From: Terry Whitman  Read Replies (2) | Respond to of 86076
 
But Heinz- the last year has been a blow off rally. Earnings are not expanding, prices are. The only way to continue feeding this bubble is by printing more money, or cashing in other assets to buy them.

More printing = inflation
and
selling other assets = deflation

That's the only choices this economy has. I am leaning towards #1. How bout U?



To: pater tenebrarum who wrote (72585)10/28/1999 10:18:00 PM
From: yard_man  Read Replies (3) | Respond to of 86076
 
put me down for no new high on the dow and only a marginally higher NDX before the implosion ... I think it happens this year and not next


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