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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (14146)	11/13/1997 12:51:00 PM
From: P.T.Burnem	Respond to of 50167

This will not have the effect of reversing a basic down-trend but will achieve a controlled and orderly decline ... as well as an equivalent of "Chinese water torture" for the bulls. It's a bear conspiracy, man. Think about it: every time the feds prop the market up, the bears will have another opportunity to go short. Just like it was in the good old days. PTB

To: Tom Trader who wrote (14146)	11/13/1997 6:21:00 PM
From: Snowshoe	Respond to of 50167

Tom, thanks for your explanation about an orderly market decline. On another topic: Today I found out that Schwab's StreetSmart and eSchwab dial-in software is not Y2K-compliant, and my local office tells me Schwab has no plans to fix them. Once they go "toes-up" all online trading will be done via the internet. I don't like it but I'm hopeful this will spur them to make improvements to their web site. This is the first Y2K issue I know of that will affect me personally. I wonder what else will go wrong? To be on the safe side, maybe I should trade in my old car for a new one in 1999...