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To: pater tenebrarum who wrote (95854)	4/18/2001 3:29:38 PM
From: NOW	Read Replies (1) \| Respond to of 436258

Thanks heinz: always nice to have a piece of the rock right here with us as most are blown about like leaves on an autumn day!

To: pater tenebrarum who wrote (95854)	4/18/2001 3:34:56 PM
From: Andrew G.	Read Replies (3) \| Respond to of 436258

Heinz: You and I see the same stats but we expect different outcomes. Give me your best guess of when you see this 'bubble' bursting. This year ? Next year ? Within 3-5 years ? I don't see any near term (within next 9-12 months) bubble bursting if it happens at all. Also, I see the Fed working with the Institutions, US gov't and financial media to stabilize public sentiment (the key) towards economic conditions. There are countervailing forces to reckon with. Things just don't stay the same. When corporations can have their spokensman phrase things like the White House press secretary (couched in all sorts of conditional phrasings) you come up with a perfectly cloudy and purely speculative notion of what's ahead. That is very different than truthfully saying that "things look like sh*t going forward." This gives corporate America time to work the next quarter numbers (exercise discretion on expenses, quietly lay off more people incrementally) and do some creative accounting. By time that's done their stock is up another 25% for the quarter and they beat their very low earnings expectations by another penny. Hey what recession ? The doomsday scenario doesn't work. Many people can live their whole lives in a perpetual state a debt because 80% of the wealth is concentrated in 20% of the population. That 20% is not going to go poor and has better financial management than the populace at large. So as History has always taught us the rich get richer and the poor get proportionally poorer. Maybe the bubble bursting is just for the poor. But it's just an opportunity for Hedge fund managers and the like.