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To: Lucretius who wrote (79013)	12/9/1999 7:00:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 86076

i agree that stocks and the dollar have to go first...btw, there's one example of crashing utilities that didn't hurt the market much, and that's '94...all they did was create a buying opportunity. however, i believe we have stretched the fevers of speculation about as far as we possibly can...today's IPO's were an eye-opener w/regards to that. Prechter says his max. Fibo targets on the NAZ have been reached...he has a maximum target for the Dow in the 11,900 area, but says the fifth wave may be truncated. the technical and anecdotal evidence he presents (well known to us) is rather convincing.