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To: Voltaire who wrote (12076)4/10/2000 11:54:00 PM
From: SOROS  Respond to of 35685
 
Can anything disrupt your scenario? What would a .50 rate hike do? I assume that some natural or manmade disaster could turn things upside down, but could anything else? Are the Houses the ultimate authority? I have no understanding for how Greenspan or Clinton or the government or other entities can move the markets, if at all. With 250 billion in margin debt, how much of that do you see getting taken out? Will the Tuesday lows be challenged in individual stocks? There seems to be a lot of stocks which got caught in the draft of Tuesday, but they have not recovered at all since then -- ICGE, for example. Do these stocks get butchered if we test Tuesday's lows? I got butchered from emotions on Tuesday. I will probably just sit out for now for health reasons, but always am interested in your views. Just trying to cram more knowledge in an old , tired brain.

I remain,

SOROS