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To: isopatch who wrote (81281)	12/11/2000 10:42:26 AM
From: ItsAllCyclical	Read Replies (1) \| Respond to of 95453

Asia likely to be hurt by slowing US economy (bloomberg) quote.bloomberg.com Add in high energy prices, slowing stock market and reduced consumer spending (which is 1/2 of our economy) and you have a recipe an ugly 2001. Maybe the pundits will fool the public long enough to invest in bulk again, but the risk/reward just ain't there yet. Back in '98 there were signs that Asia was having obvious problems 6-12 months before it really had an effect on the stock market. The market seems to be in denial yet again about the state of world markets.

To: isopatch who wrote (81281)	12/11/2000 10:43:26 AM
From: Think4Yourself	Read Replies (3) \| Respond to of 95453

What I find fascinating is that even though industry is dumping their stocks and shutting down plants, stocks are STILL dropping rapidly. This is a real crisis, not just a speculative bubble. Despite the media (and CA government) attempts to talk away the problems the stocks continue to drop. We were approaching more "normal" stock levels a few weeks ago but I predict that by the end of the year the media will be trumpeting a NG crisis as if they just discovered it. Spin should be interesting if Bush wins. I have so far reserved judgement about the media bias. That may change depending on how they handle this. If they try in any way to blame it on Bush I will become an active ultra conservative.