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To: re3 who wrote (6507)	7/27/2000 4:16:16 PM
From: pater tenebrarum	Respond to of 436258

did you read this missive from prubear that the market is now regarded as a national security issue? i believe that is actually the case...the stock market is by FAR the biggest economic activity in the US. in fact trading in stocks is now at well over 3,5 times GDP, and mufu assets are 43% of GDP. arguably a bear market or a crash would lead to extremely unpleasant economic consequences. note: just because the stock market has now become an area of concern that will probably end up seeing direct government intervention at some point, that doesn't mean the bear/BK can really be averted... imo, there has already been covert intervention in this market, by private institutions that have implicit govt. backing...even a Saudi sheikh was arm twisted into support operations already on occasion....that may be one of the reasons why the topping process is such a drawn-out affair...