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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Mike M who wrote (65093)	12/23/2000 11:40:25 AM
From: majaman1978	Read Replies (3) \| Respond to of 99985

Maybe I'm over pessimistic but I also see liquidity problems stemming from this real estate boom over the past few years as well. I know many people who need two incomes to satisfy their mortgages. What happens when the economy slows and one of them gets laid off? BTW for a good laugh listen to my story. I was laid off back on March 10th. Sold most of my portfolio with huge tech gains and put them into munis because I needed tax free cash flow. My former workers thought I was a fool. I look like a genius but it was 100% luck. If I hadn't gotten fired I would have put those funds back into the market.

To: Mike M who wrote (65093)	12/23/2000 12:27:02 PM
From: marginmike	Read Replies (4) \| Respond to of 99985

Lets see, average joe has lost 30-40% of his savings. His real estate is about to get devalued. His stock options are worthless, and his job is now in jeopardy. He has a huge tax bill next year on money he doesnt have.....HMMMMM? Dot.coms are gone, Teleco's are unable to raise money. Credit crunch begun. Japanese Nikei at 13456, Asia slowing. Europe slowing. Yah we will have a soft landing! NO CHANCE.

To: Mike M who wrote (65093)	12/26/2000 8:47:14 PM
From: LTK007	Read Replies (2) \| Respond to of 99985

Mike M said<Don't tell me those Baby Boomer 401K's are finished or that Social Security Investments, if implemented someday, won't force these markets much higher.> i said it before, i will say it again,you can not, via abundant supply of cash being stuffed into the stock market,artificially keep it inflated,and the presumption that this can be done will inevitably lead to one of the most tragic monetary fiascos in world history. Have i made my opinion strong enough:)? I think so.paxMax