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To: Mike M2 who wrote (72663)	10/29/1999 10:25:00 AM
From: pater tenebrarum	Read Replies (3) \| Respond to of 86076

Mike, i know...who cares? you can throw fundamentals at me all day long, and i agree with every single one of them. doesn't change the fact that the market is in blast-off mode. it's probably the final blow-off rally, but it'll go a lot higher than people expect...the Fed will probably do nothing on 11/16 and the markets begin to reflect it. the tightening cycle is over, and if they raise at the November meeting it will be over thereafter. the bears are toast...again. it'll be like Japan in '89....you'll see. the mania is going to end with a bang, not a whimper. the speculators KNOW that nobody dares to pop the bubble...and if something should go wrong, they know the Fed is ready to bail them out. go long or be wrong.