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To: terryswift who wrote (57082)	8/6/2000 11:58:14 PM
From: Rarebird	Read Replies (3) \| Respond to of 116979

There you go again with your thoughtless emotional, moral exhortations. Care to give some specific price targets for the Dow, S@P 500 and COMP over the next year, 2 years, 5 years, 10 Years? <I would make a large bet you are closer to 30 than 40 and possibly under 30.> Were you preaching that Perma Bearish Religion back in 93/94 too? Your just filled with cliches and little analysis. You really don't think that the US Government would pursue the same economic policies the Japanese have if the US fell into the same economic environment? I realize that for an Abstract Moralist, like yourself, everything gets classified under the same umbrella. Come on, make that bet, Dogmatic Boy, I dare you, right here and now on this thread, and send me a PM when you come to NYC? I'll be only to happy to meet you, furnish proof and collect. I will collect so be careful. Your all hot air and moral BS.

To: terryswift who wrote (57082)	8/7/2000 7:24:31 AM
From: long-gone	Respond to of 116979

Terry, Here's a "need 2 read" on GWB $ policy - but it really doesn't tell us all that much yet, the post where he was talking about labor & farming tells more about the $ IMHO. quote.bloomberg.com

To: terryswift who wrote (57082)	8/7/2000 1:57:05 PM
From: LLCF	Respond to of 116979

<But a Japanese like Downturn in duration is almost impossible in the US today. The Federal Reserve, in conjunction with either the Democratic or Republican Administration that is currently in power, would initiate massive market friendly economic measures, such as enormous tax cuts, which have been proven to stimulate investment and light a fire under growth at the first sign of trouble.> While I would agree that a 'Japanese style' duration is unlikely in the U.S. today, I would say it's because of our legal and financial structure [or lack of it] and has nothing to do with the factors you site. And even then, I'm not sure we still couldn't experience something just as bad... Germany post WWI anyone? DAK