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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Cage Rattler who wrote (1443)10/28/1997 11:35:00 AM
From: Scarecrow  Respond to of 5676
 
>Doesn't this quote from today's Investor's Business Daily remind you of 1929? -- President Clinton got updates on the stock market from Treasury Secretary Robert Rubin and remained confident about the country's strong economic fundamentals, his spokesman said. ''The president is confident the fundamentals of the American economy are strong. . . . That's what matters most,'' said spokesman Mike McCurry. He described yesterday's drop as ''a bare fraction of major breathtaking drops in the past.'' Yea, right.<

Hornblower, et al., a brokerage firm long defunct, placed a big ad in the WSJ the SAME day the market tanked in '29, informing its readers that it can only go up from here.
Ami