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


To: Arik T.G. who wrote (1788)12/17/1997 10:27:00 AM
From: bobby beara  Respond to of 5676
 
Hi ATG, MMM earning warning today marks the 3 mountain tops in the S&P.

The prime minister said he decided to call for the tax break while attending this week's summit
meeting of the Association of Southeast Asian Nations in Kuala Lumpur.

''We will not trigger a worldwide recession from Japan,'' he said.

Before the tax cut announcement, the yen dipped as low as 131.53 yen to the dollar, extending to
nearly 10 percent a fall that began in early November.


Contrarian time:

They said the yen would go to 240 - maybe it will go to 60
They said gold would go to a 100 - maybe 800
They said the Dow was going to 10,000 - maybe 1000
Hashimoto just said he will not trigger a worldwide recession from Japan - looks like he will.

There was a "Death of Gold" story last week, kind of the the "Death of Equities" Story in 1982. Kind of like to Dow 20,000 stories you use to hear in August. Kind of like the 5 upgrades of AOL all in one week (I think it was 5).

Global implications? People will relinquish there materialistic lust, not by choice, and have to seek joy in the simple pleasures God intended us to find joy in, giving, receiving, smelling a flower, going for a walk, shaking hands with your neighbor. It will actually be very great, if you keep in touch at all times with the awesome Creator of the Heavens and the Earth.

People that cannot let go and let God and don't relinquish this lust it won't be great at all. These massive bears losses I've received have been a blessing in disguise and have taught me much, Thank the Lord.

bobby beara says three strikes and yuuuuur out!