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To: Danny who wrote (114242)1/4/2001 2:19:55 PM
From: GST  Respond to of 164684
 
Danny: I had a front seat for the Asian crisis -- I spend a lot of time in Asia talking money. Fear of a recession was not the issue. Fear of a complete collapse of the global system was the issue. Currency markets are far bigger than the stock markets. They were headed for destruction. Between three and five trillion "dollars" change hands each day in the currency markets. AG was "forced" to become central banker to the world -- to the world Danny -- or watch the international financial system basically fly apart at the seams. If you are saying there is something that big beneath the surface here, I would love to hear about it.



To: Danny who wrote (114242)1/4/2001 2:23:57 PM
From: H James Morris  Read Replies (1) | Respond to of 164684
 
>As to how high the market could go, I dont know. It
will depend on how fast economy grows.
Or, how fast it slows. Anyway, what does it matter? Anyone who has enough $cash put away, and good health to last them for the rest of their life, shouldn't worry about anything!
Why Mark Fowler still worries is beyond me! Maybe because he just feels insecure in any Casino.;-)



To: Danny who wrote (114242)1/4/2001 8:38:07 PM
From: Victor Lazlo  Respond to of 164684
 
<<I just can't see how stocks could drop to new low again. >>

Just watch the newswires the next several weeks, and you will see how it can happen.

It's over.