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To: Donald F. DeKold who wrote (11718)	5/15/1998 5:41:00 PM
From: Zardoz	Read Replies (1) \| Respond to of 116844

"Are their any positive viewpoints that can be proffered on this thread?" NO !! Well unless you buy Put options on the Indexes? Like I'm doing June 2-3. {see hours of negative postings of mine} Q: Can anyone show me one example of a bull market that has not ended in a bear market?

To: Donald F. DeKold who wrote (11718)	5/15/1998 5:55:00 PM
From: Defrocked	Respond to of 116844

I'm positively convinced stocks are generally overpriced.<g> (Couldn't resist...) I believe the overall market is extremely bullish, buying stocks at 6 to 10 times book and indexing their retirement savings with abandon. The "wall of worry" you have sampled here is dwarfed in comparison to average investors' expectations about US equity prospects. Good luck to you.

To: Donald F. DeKold who wrote (11718)	5/15/1998 6:37:00 PM
From: Alex	Read Replies (1) \| Respond to of 116844

Donald, I hope we are wrong for all the childrens' sake, but my sincere opinion is that we are not. Never, in my life, have I witnessed such greed. My only suggestion to you is that you seek a more positive view elsewhere - maybe the YAHOO! site.

To: Donald F. DeKold who wrote (11718)	5/15/1998 11:48:00 PM
From: Terry Rose	Read Replies (2) \| Respond to of 116844

Donald, Welcome to the thread. If you want a touch of reality stick around. Most of what is posted here is happening on a daily basis and fortunately we have an excellent group of worker bees who uncover it. Now if you find this unsettling, you can always tune into CNBC or Wall Street Week for a more conventional viewpoint. Unfortunately, there is not much middle ground to choose from at this juncture in time. Terry,

To: Donald F. DeKold who wrote (11718)	5/16/1998 8:50:00 AM
From: Bobby Yellin	Read Replies (2) \| Respond to of 116844

Hope you keep on posting.. I am one of the doom and gloomers.. re: baby boomers getting parents' estates....somebody I know mother's died and spent last year in nursing home and sleep most of time.. her sister said it cost $140,000 for the year.. One of my older relatives is hitting 92..her sister died at 96.. at this point,she has no more savings and she is in for a free ride now..hope she lives to be 101 as long as she is not suffering.. Wonder if these are aberrant cases.. also proposed cuts in insurance payments for elderly... On this thread, many of the posters predicted that the IMF bailout wouldn't work..and there would probably be civil strife in Indonesia.. it is quite depressing to find out the posters were right.. Nobody predicted that India would start playing around with nuclear "toys"..the "intelligence" department of the government appeared to be surprised too... Possibly the fund raising activities of the Clinton adminstration will start becoming more important to US voters as China's defense or offense systems might gaining more national attention... Also more attention may be paid to Indonesian problems..and the spreading out effects...heard on CNBC yesterday that Indonesia supplies an inordinate amount of energy to South East Asia..as if SE Asia doesn't have enough problems..major oil companies are now looking for greener pastures..supposedly there are not enough planes to remove their workers.. Some think that the CBers might also have laid the groundwork for Indonesian's problems..ie squashing gold..which could have benefited a lot of Indonesian workers.. This thread is building the Great Wall of China..but...just think about the depression in South East Asia and all the deaths in Indonesia.(somebody else likened the adminstration's dealings with Indonesia to a former adminstration's dealing with Iran..) anyways a lot of us have expected the DOW to reach 10,000 plus and after a severe correction to eventually go a lot higher.. I guess,I for one,don't like what is happening to millions of people in the name of money..and have always thought that if gold or a basket of fixed commodities was the anchor for financial market..the system would be a lot more honest.and far less people would get hurt.. bobby --a doom and gloomer

To: Donald F. DeKold who wrote (11718)	5/17/1998 10:19:00 AM
From: bobby beara	Respond to of 116844

Hi Donald, >>>>The last time I heard and read so much doom and gloom was back in the early '80's, and for that reason I missed out on the greatest bull market in history.<<<< How many places are you hearing that much doom and gloom other than in a tiny few threads on SI. Talk to the man on the street about a market correction or crash and they laff at you. CAN'T Happen, then they roll off the Street Spiel, low inflation, baby boomers yadda yadda yadda. In 1929 they had the same eco conditions at the peak that we have today. Wall St. has a short term memory and can't remember past 1987. Climbing a Wall Worry, oh yes. The air is getting thin up here. latimes.com "In eras past, news of a significantly higher ante in the nuclear card game might have at least provoked a small emotional response on Wall Street" <snip> "Neither, it seems, would East Asia's deepening woes make the list. " <snip> "Consider: It wasn't so long ago that optimism about the U.S. economy and stock market was partly rooted in an assumption of rising prosperity in the developing world, as countries such as Indonesia" <snip> Hewlett-Packard, which has repeatedly fallen short of analysts' earnings estimates over the last two years, still are up 40% in price since January 1997. _______ Out of the 1000's threads on SI only a handful are bearish. Thank God for em, somebody has to be worried about this situation and getting the message out. For your familys sake, I hope you listen to some of this "doom & gloom" and consider appropriate actions. Market peaks are made of this kind of stuff. Exhuberant optimism, that ignores the most obvious warnings signs and only sees one side of the coin. THERE ARE TWO SIDES. The business cycle has not been repealed. Good luck and may God bless, bobby b