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

To: Arik T.G. who wrote (1513)	11/3/1997 10:34:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 5676

Hi, Arik, God Bless, funny you should talk about 1/1/00. While this be a remake of the Day the Earth Stood Still - Nikto Klaptu barada Here is a thought I had about the TWA 800 mystery - a cover up for a front running Y2K glitche? I'm just coming up with another possible scenario - that this market may also rhyme significantly with the Nikkei. The Japanese Economy at that time was considered invincible, just like the American Economy is today. I ran some numbers and came up some interesting stats. The Nikkei had a roughly 25% correction in 87', and proceeded to catch fire and off that low and increase roughly 77% from the lows to peak at 38,918.87 into 1989. If we followed this same pattern, the current correction would bottom at 6218 (8290 - 2072 -25%) and if we had a repeat 77% rise over the next two years into late 1999 that would put us right at 10,000 by 2000 - for the real millenium crash (well, at least Joe Granville is definitely out of his Jan. 98 Dow 10,000 cruise - ho ho ho : -) A couple of things that come to me that make me think that if this is the mother of all bull markets, it must at least equal or surpass the Nikkei lunacy and mania. The anecdotal shoe shine boy stories I don't think are as strong as they could be in the real mother of all crash stories. This kind of market would draw every man, woman and child in the whole world in (AQ's idea thread will be really hoppin), it wouldn't be just a single country affair like the Nikkei. Another thing is Microsoft . . . I still see this as a rhyme with 27' with Java/NetPC's (or the DOJ action maybe) taking the place of Chevy to the Microsoft/Ford parallel. The American Government is completely short sighted and only worried about getting re-elected in lieu of doing right morally or ethically. Why have a painful correction now, when you can delay it for the next administration by fooling the public and making big concessions to our trading partners like Japan and China who we are up to our ears in hock to. Shall we say the American Government has made a pact with the devil and there is no turning back now. So let's allow human rights violations in China and Saddam to build nukes and let the inspector issue die as old news. If Reno pursues Microsoft and wins, she'll probably lose her job. George Bush stood up to Saddam - will no inhale Bill? In 29', I think there was a much more divergence between rich and poor and I think we will continue to see that in the coming years, with much more homelessness and famine, while investors squirrel away the stock market wins, consumed by greed. We have been sliding down the slippery slope of mixing money and politics. This time we are in it up to our elbows, as we've become the world's greatest debtor nation, the American Government is no longer a world financial power, we owe, we owe, so off to hell we'll go - when it's time to pay the piper. I say 10,000 by 2000 is real possible. Since America will no longer hold the purse strings in the economic warfare that will take place, America will bow to the one world currency and one world government stated in "The Truth". November 13th is looking like an interesting day to me. bb