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To: MythMan who wrote (38322)	11/17/2000 9:48:03 AM
From: eddie r gammon	Respond to of 436258

<< What is wrong with hovering at low altitudes? -g- >> I do that all the time at my local McDonalds (g)

To: MythMan who wrote (38322)	11/17/2000 9:53:29 AM
From: BigBull	Read Replies (2) \| Respond to of 436258

Gee, let's see: 1. Inverted yield curve. 2. Banks tightening credit standards, crushing consumer debt loads. 3. Reserves for bad loans accelerating. 4. World wide equity bear markets. 5. $34 crude oil. 6. Fed can't ease until # 5 goes down. 7. Cyclical downturn in auto's and pc's. I'll stop at the "lucky 7".

To: MythMan who wrote (38322)	11/17/2000 10:03:02 AM
From: Mike M2	Read Replies (1) \| Respond to of 436258

MM, granted we have stayed afloat far longer than most bears could imagine but we will run out of fuel to hover- that fuel is debt. A credit bubble requires an ever increasing expansion of debt to maintain its stimulative effect. If the system allows credit to expand to the limits delinquencies and defaults will rise substantially. ho ho ho Mike