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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: donald sew who wrote (32171)	11/3/1999 5:36:00 PM
From: LTK007	Read Replies (1) \| Respond to of 99985

A tip of the hat to Steve Leuthold,who had THE refreshing free mindedness to just now at the NASD 3000 CNBC party time celebration(surprised he got to speak)--give a 2000 target for NASD for next year:)Max

To: donald sew who wrote (32171)	11/3/1999 5:41:00 PM
From: Haim R. Branisteanu	Respond to of 99985

Donald it is a sad day as the NAZDAQ 3000 does not reflect any achievement except that of pure greed, manipulation and false security. I think the American society is at it's worst since many years but the gains in the stock market cover it up. Even medical professionals lie and cheat - Many doctors say it's acceptable to lie to health insurance companies to get needed medical care for patients who can't afford it, a new study found. - In a survey of 169 board certified internists, more than 50 percent said they approve of deceiving insurance companies ... Lying, cheating and violating financial laws are an acceptable norm which goes unpunished if you are with a big corporation. For example, I know of a specific box maker who is bribing and paying kickbacks only to promote sales in certain parts of the world and the authorities know it and do nothing about it. Similar treatment would apply to a known US bank who engaged in other type of fraud, but the authorities have done nothing as the bank was "to big and the fraud to complex"(and it is not the Russian thing). BWDIK Haim

To: donald sew who wrote (32171)	11/3/1999 5:42:00 PM
From: pater tenebrarum	Read Replies (4) \| Respond to of 99985

Don, i fully agree...if we're hit by a true bear market one of these days instead of just a wimpy correction, a lot of anger will probably be let out in unsavory ways. if Mark Barton is any indication of what a falling stock market can do to the minds of those participants that are somewhat unbalanced to begin with, we will be in for a lot of unpleasantness. of course right now, everything in American society is at a sort of positive peak...unemployement and crime rates at multi-decade lows, a giddy stock market exploding upward, the U.S. the pre-eminent military and economic power of the world, etc. in fact i think it's fair to say that things could hardly be better. it reminds me of other empires at their historic peaks, and the fact that nothing lasts forever. since i don't live in the U.S., i have no first-hand knowledge whether there are signs of decadence increasing, but i wouldn't be surprised if there were. for those comfortable with the current rosy 'as-good-as-it-gets' scenario, i'd recommend to look at history; what they will find is that there is one constant that never changes, and that's the human element. maybe future generations will longingly look back at the 'golden age' of the '90's... regards, hb