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To: Cynic 2005 who wrote (7464)2/11/1998 1:31:00 PM
From: Bobby Yellin  Read Replies (1) | Respond to of 116981
 
Thank you so much for the great link
do hope very much that you when you can find the time, you will post
your own comments from time to time.. time I guess being the most
valuable commodity in most people's lives these days..
thanks again..really fascinating
bobby apparently fixated on the word "time"
(ps..any thoughts that if the Dow takes a big dive simply because of
high high multiples and slowing down of profits..could that cause
a recession in its self? and collapse the dollar?
Bobby)



To: Cynic 2005 who wrote (7464)2/11/1998 2:09:00 PM
From: Bucky Katt  Respond to of 116981
 
Mohan--There is another side to the rising interest rate theme, and that is the sad fact that the Clinton administration has turned all the long-term govt. borrowing into short term borrowing.
This works great as long as rates are declining, but when they return to the mean, watch out! This should be given more attention.
This has the potential to be very bad.
brillig.com