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Technology Stocks : DELL Bear Thread -- Ignore unavailable to you. Want to Upgrade?

To: larry who wrote (1226)	7/18/1998 1:54:00 PM
From: stock bull	Read Replies (1) \| Respond to of 2578

Larry, <<Also if people begin to pour money into Europe and Asia market (it will happen within the next 12 month or so), where are we going to get money to sustain the growth rate of US market? And big caps spot hefty PE multiples like they did in the early 70s, they will enter a bear trend due to either market crash, or people relocating their money to small and mid-cap issues.>> This is my major concern for the moment. The global economy can go south and bring the U.S economy down with it. Some economists are now forecasting negative growth for the U.S. Greenspan wants to bring down the GDP to a growth rate of 2 to 2 1/2%. If we go below his target, he may be forced to lower interest rates in order to ward-off a recession. Time will tell. Stock Bull