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To: Frank Ellis Morris who wrote (28069)2/21/2000 5:50:00 PM
From: Charles Tutt  Read Replies (2) | Respond to of 64865
 
I don't know what stock market you've been investing in that has been falling apart, but the stock market I've been investing in (the U.S. one) has been doing pretty well, and much of the credit must go to Greenspan and the Clinton Administration. Sorry if that truth hurts.

Ever heard of "climbing a wall of worry?"

JMHO.



To: Frank Ellis Morris who wrote (28069)2/22/2000 6:08:00 AM
From: JDN  Respond to of 64865
 
Dear Frank: Cant remember if I responded to your posts before. My first advice is calm down. you dont indicate your age in your profile but if this is any indication as to how you handle your investing I am concerned you are headed for high blood pressure or worse. My second advice, is listen to Alan G. yourself. I just cannot believe you watched the latest "show" before Congress. He said and hinted just the opposite of what you are believing. For instance, when asked about limiting margin he felt that was a very bad idea for obvious purposes, when pushed on rates he indicated no big surprises coming. He gave Technology most of the credit for upgrading productivity, (to avoid inflation Productivity must increase more than costs). I could go on and on as it lasted for I think it was 3 hours but in summary, I personally watched the WHOLE thing, (for which I think I deserve a medal as its boring as hell) and in no way did I come up with the impression you did. One last thought, IMHO interest rates will not kill this market, what would choke it off is a cut back in liquidity ie the money supply. AG made it clear he is NOT going to do that. JDN