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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?

To: James F. Hopkins who wrote (1695)	5/1/2000 10:43:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 2103

Cap'n Jim, One more rate hike could set us up for a real resession..unempoyment lines and all, but all that takes time to work it's way into the system in fact we may already be set up. Where is the unemployment threat from higher interest rates going to come from? The new eco stocks get funding from the equity offerings and compensate with promises (options). Old eco stuff seems to be chugging along and will pick up the pieces from useful new eco stuff which was undercapitalized. Useless junk will fall to the wayside. That is actually destroyed capital. Are you saying so much new eco stuff will burn out that uncontrollable unemployment will result? It's really hard to imagine high unemployment in the next 5-10 years.