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To: Abner Hosmer who wrote (5037)	1/1/1998 6:20:00 AM
From: Bobby Yellin	Read Replies (3) \| Respond to of 116753

emperor's new clothes..you are the little child :> all the wall streeters have an invested interest in keeping this thing going and going..they don't care about the end result.. here is another one stockhouse.com -off to walk the dogs again..it is freezing here..but oil will go down ..broccoli(sp) was up to 2.49 in a local store..eeks..but that doesn't go in inflation numbers..oil does

To: Abner Hosmer who wrote (5037)	1/1/1998 10:44:00 AM
From: Mark Hutnick	Read Replies (2) \| Respond to of 116753

Well let me see, Everyone is either talking about deflation or inflation. I, personally, am only seeing inflation; despite what the gov't is saying. In the past 2 weeks, I've received notice that 1. My water bill will go up in Jan'98 12% 2. My Trash removal cost will increase 19.9% in Jan'98 3. My cable rate will go up 12% (but they are adding Disney) And over the past year, my Property taxes went up 2.5% Electric rates went up 5.5% Local colleges tuition rates have gone up between 8 and 12% Gasoline and food have stayed about 1-2% Airline tickets (from my travel around the world) have gone up (considerably) My home, auto, and medical insurance rates have gone up approx4-5%. So, what is all this BS about inflation is dead??? Vote the miserable bastards out of office. We all have the power to shake them up. So vote them all out of office next time around. Otherwise, we are sending a signal that we like them and what they are doing. Marco

To: Abner Hosmer who wrote (5037)	1/1/1998 11:32:00 AM
From: Bucky Katt	Read Replies (2) \| Respond to of 116753

TB--The only thing the huge "bailouts" have done the past few years is roll over the debt. No principal gets paid. I think we all know a day of reckoning will arrive. We are in the last stage of a global equity market boom. Prices of large-cap US stocks have unhooked from any form of rational valuation. The banks get to roll over dead loans on their books, with a wink from the Govt. (BTW, Mortgage literaly means "DEAD DEBT!") So, the pundits rejigger their models of what is normal valuations. Speculative bubbles always end in disaster, and this one may be the biggest the world has ever seen. I would suggest you get a copy of the book "The Money Manias", by Robert Sobel, 1973. LCCC#73-76569 You should find it at any decent library. Despite what the 49'R says, gold will not move up untill the dollar falls. The reasoning is simple-- the dollar is where the money flow is now going, because of the very fact that the buck is now king. So, one can infer that when the dollar weakens, the safe havens for SAFETY of capital will be scarce, which brings us back to metal. In the meantime, no reason not to day trade lots of things. My reasoning is simple, it's like cheap gas, enjoy it now, because everything changes. And, these days, it can change in a wink of an eye!!