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To: Stoctrash who wrote (54511)	6/16/2000 1:33:00 PM
From: Rarebird	Read Replies (1) \| Respond to of 116837

The truth, which you avoid is that every boom sows the seeds for its own demise. In the current one, it is mainly the enormous amount of leverage in the system, followed by the current account imbalance and the recklessness of investment bets due to the moral hazard created by the Fed over recent years. The problem with you is that you don't confront fundamentals at all. You advocate Just throwing money at any security that goes up for whatever reason. You don't take the enormous private sector debt load seriously.

To: Stoctrash who wrote (54511)	6/16/2000 1:44:00 PM
From: Rarebird	Read Replies (3) \| Respond to of 116837

A Recession will force people to increase their savings and decrease their debt, and take money out of equities. PS "God Bless America": We are Recession proof. Is that your argument?