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To: IceShark who wrote (4761)1/28/2000 9:35:00 AM
From: Lucretius  Respond to of 42523
 
quote.yahoo.com^ftse&d=b

FTSE is falling thru the floor....



To: IceShark who wrote (4761)1/28/2000 9:42:00 AM
From: sammaster  Read Replies (1) | Respond to of 42523
 
i believe that although americans may at some point(maybe mon tues) buy the dip, foreigners are beginning to realise this is a sinking ship and get the hell out...
with inflation clearly on the rise foreingers will sell their bonds and dollars and they also wont buy new bonds..
with increase in dollars inflation will go up..etc..
vicious cycle of inflation and bond selling...
foreigners realise(especially japanese ie nikkei bubble) that things will end badly...

BK

samir