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To: Lucretius who wrote (77821)	12/2/1999 7:40:00 PM
From: SeaViewer	Read Replies (1) \| Respond to of 86076

It all depends on investor' confidence. A lot of people know this is the bubble. They just think they can beat the bubble and get out fast enough. If we have 2-3 big down days, everything would change. A lot of people would rush to the exit. Unfortunately, yesterday and today' market didn't follow Tue's.

To: Lucretius who wrote (77821)	12/2/1999 7:46:00 PM
From: pater tenebrarum	Respond to of 86076

well, i agree with that...but who can say when? we seem to have a big up cycle looming that points into fall of 2,000. it is extremely hard to imagine December as being a month in which the market breaks. there's an outside chance that the 'non-event' will result in some selling for just in case, but aside from that i don't see how the market can truly tank NOW. don't forget, the Fed keeps on feeding the monster at extra speed. in fact, that's a global phenomenon, with CB's around the world printing like crazy. M3 growth is currently over 10% over the Fed's own target rate. you can't fight that really...unless something utterly confidence shaking happens, like a nuclear war breaking out. not even then i'm sure the NAZ would tank...they'd say it's bullish, because the nuked areas need to be rebuilt...