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To: Elwood P. Dowd who wrote (27772)	1/16/1998 12:54:00 AM
From: Paul van Wijk	Read Replies (3) \| Respond to of 176387

Stephen, I'm just reading a book about economic fundamentals. It stated that in a period of dropping prices/deflation the stockmarket first drops, then we see a temporary pullback because of government intervention, followed by a further drop. And after the a very quick rebounce. The book was written in 1991/1992. In the first chapter the author does some predictions about the period 1993-1998. It is almost scary to read how close he is to the truth. He perfectly explains why the indexes will start to explode in 1994. This is only one of the predictions that had come true. The return of America as a economic super-power, the length of the Japanese crisis, the dropping interest-rates, the disappearance of inflation etc. It was like reading a today's newspaper. For what it is worth. He also predict the bull-run will end in 2010 followed by "the mother of all depressions". For those who are interested in it, it is called "The great boom ahead" written by Harry S Dent Jr. Last week I promoted Buffetology as the best book I've read so far, this one is much, much better. Paul