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To: Rarebird who wrote (59516)	10/7/2000 8:36:12 PM
From: goldsnow	Read Replies (1) \| Respond to of 116753

This is a typical "Its Economy Stupid" analysis, where the imported deflation from Asian crisis and Low Oil is/was ignored...Now the major clouds both economic and political are also discarded in favor of buy on dips forever theory... Al Gore may be finished, but he does not know it yet..So is Bull Market... At least Milosevic knows that he is finished..<g> go.com

To: Rarebird who wrote (59516)	10/7/2000 8:45:41 PM
From: goldsnow	Respond to of 116753

That is why BTW we elect Presidents, Clinton thinks that he is Henry Kissinger, perhaps....Imagine these (Albright, Gore) are the people that suppose to solve World Problems, such as Middle East....Still buying QQQ? :) "National Security Council spokesman P.J. Crowley said Clinton's ``Middle East peace team'' had been working non-stop for more than 12 hours to try to defuse the situation go.com

To: Rarebird who wrote (59516)	10/7/2000 9:52:25 PM
From: goldsnow	Respond to of 116753

That won't last long washingtonpost.com

To: Rarebird who wrote (59516)	10/8/2000 10:43:54 AM
From: Ahda	Read Replies (1) \| Respond to of 116753

Another potential dark cloud hanging over the market is the huge amount of consumer debt currently being borne by U.S. households. The economic expansion has helped raise consumer debt payments to the highest percentage level of disposable income in history. The danger here is that consumer spending might significantly slow as more consumers reach their maximum credit limit and card issuers start to tighten lending requirements as bad debt mounts. I believe the current weakness in most discount stores are a symptom of this high level of consumer debt, which mostly affects low to mid income families. I read this and dwelled on it. Economic situations that are adverse don't hit the lower income level unitil the upper income level has some question of how it is going to keep profit structure up. At this point in time where i sit it is heck trying to hire people. Profits aren't going to go up but wages are. In my opinion credit has been an endless river of funds. these funds were not limited to corporate America but flowed equally as profusely to people America. So I look at the FED and think as stands the money supply has been vast and the interest rate the vehicle of control. The output of a nation to the world is their corporate balance sheets. In this particular period we have numerous officers that have accumulated huge balance sheets while the company itself has not. You can't have a nation of millionaires without companies producing the millions. We are awash in paper transaction and legal actions that no other nation in the world blesses like we do. When you have so much paper floating everywhere and earnings that are stating it is just paper something has to give as the paper is not matching the profit. Lately I have been feeling like we are in the process of created a garden of Eden here. Infinite supply of paper and it is working but, Eve took the apple and hopefully we can convert the rest of the world before someone pulls it off the tree.