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To: lurqer who wrote (65195)1/29/2000 5:52:00 PM
From: Uncle Frank  Read Replies (1) | Respond to of 152472
 
>> Still longer term (one year), we should be on the other side of this "valley" in the market

Seems very conservative to me, Lurqer. Strong earnings continue to roll in, the Fed meets in a few days, and the market is awash with new money. How about mid February <vbg>.

unq

btw, since you only live a few valleys away, how often do you get to Silicon? I know a place that serves California's best raw fish.



To: lurqer who wrote (65195)1/29/2000 5:55:00 PM
From: RocketMan  Read Replies (1) | Respond to of 152472
 
What do you want to bet that the same hedge funds and global economists that are whining about US growth rates and market excesses will be the first to cry uncle when it slows down, and come hat in hand for help as they did in oct 98?

I don't worry about a bear market: even if the Fed causes a recession in late 2000 (which they will, IMO), they will be the first to throw money at it and fix it when they sense that the rest of the world starts drowning. That's the only thing the fed is good at, causing a recession then throwing money at it. I think AG is longing for the good old 60's and 70's, when that was the routine way they ran the economy. He still has not made sense of what is going on today.



To: lurqer who wrote (65195)1/29/2000 8:21:00 PM
From: 16yearcycle  Respond to of 152472
 
It's easy to see that he'll squeeze for about 2 more weeks, maybe 3. He is pretty predictable, old Al. And the market has followed the money supply growth pattern since October. I wouldn't be surprised if we put in the low for the year in the next month.