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To: Frank Edwards who wrote (5221)	6/16/1998 11:16:00 PM
From: j g cordes	Respond to of 18016

Frank, I read Moseley's articles. Rather pessimistic except for continued money inflows inflating our markets. One can make money in both directions in markets, which may be the cause of some of second tier declines we're seeing... international money entities that attack currencies and markets the way pirates used to on the high seas. If the dollar and our markets continue to build, there will be a bubble that levels us as well and our baby boomer demographics aren't that far behind Japan to see the writing on the wall. Our markets certainly won't be the stable savings resource to draw down into old age. I'd personally like to see him turn his hat around and try writing a positive only piece... while some things fall, others new things are taking root and its to those that we need to apply our sense of discovery and investment. Jim

To: Frank Edwards who wrote (5221)	6/16/1998 11:48:00 PM
From: pat mudge	Read Replies (4) \| Respond to of 18016

Frank -- The Skeptical Investor takes facts and presents them in a way that appeals to his readers' emotions. For some it works. They sit up and listen, fully alert, asking for more. For me, I remember as a child seeing my elderly grandmother listening to a radio commentator expound on the Red Threat and what she feared would lead to the end of the world. Now, even though I'm reading words on a screen, I can hear the high-pitched drone, sense the play on emotions, and feel my mind shut off. Speak to me in measured tones, give reasoned arguments from both sides of each issue, draw conclusions with extreme caution, and I'll listen, I want to say. This is not to say I don't think there's a financial crisis in Asia, only to say I don't think anyone can know how each event will play out. I guess this makes me more skeptical than the Skeptical Investor. Always cautious --- Pat