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

To: tekgk who wrote (2175)	2/5/1998 11:34:00 AM
From: Chip McVickar	Read Replies (2) \| Respond to of 5676

Hello tekgk Have you found any indication on what the ERUO currency will be based on..? I know the prevailing wisdom points towards a floated currency in keeping with the rest of the world. But....I have also read that a proposed basis for the currency could be a basket of commodities to set an establish a value. This could realy turn the markets upside down and create major outflows from the US$. With the continued devaluations of world currencies against a stronge dollar....what hope does the euro have to compete. Germany certainly will not enjoy a flagging spiritless ERUO currency. Warren Buffet just loaded up on silver. Any thoughts here anyone...? Chip

To: tekgk who wrote (2175)	2/24/1998 7:53:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

Tekgk and all, Just finished reading your posts of the past two months. I'd like to borrow the three bears link, as I agree (now) that this bubble has to burst with MAJOR repercussions, and that's what this thread is trying to discuss. All you lurkers: 1. Read tekgk posts. 2. investmentrarities.com I think this bubble will be inflated some more. On my favorite chart the-privateer.com the Dow is not that far from the 200 DMA. For the bubble to be fully inflated it will have to be higher from the MA at least as it was on Aug '97. This means Dow 9000 and higher. The multinationals haven't participated in the recent run of the fashionable stocks (AOL MSFT DELL MRK). If GE PG and KO start picking up the pace then there will be 3-4 days of strong up move to Dow 8600-8700 and then a correction to 8200 area. The final surge will take the Dow from 8200 to 9200 neighborhood in a month or two, on record volume (700M NYSE and up). This scenario forecasts that the bubble will burst somewhere in April, from Dow ~9200. ATG