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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (555)	8/8/1998 1:10:00 PM
From: Amelia Carhartt	Read Replies (1) \| Respond to of 81108

Bill: Just read your latest report. What does your group think the odds are that this market can "stay together"? I don't know anything about anything but my gut is in turmoil. Everywhere I look my senses tell trouble ahead, BIG trouble ahead. I have thought this market was overvalued for two years but I kept on investing because it was only my head that was sending out cautions. Since April/May it's my instincts. This is exactly the way I felt just before the California real estate market which "could only go up" completely collapsed. I learned then to pay attention to my instincts.

To: Bill Murphy who wrote (555)	8/8/1998 2:52:00 PM
From: Robert Dirks	Read Replies (2) \| Respond to of 81108

Hello Bill, im with you on the juniors. I don't ever remember a market like this where some quality juniors (Golds & Oils) are trading below their liquid cash value. [They are paying you to hold their shares.] Of course this can easily continue in the short term, but after many years in a bear market, the risk is not being in on dirt cheap juniors when the turnaround hits. IMO, the powers controlling the Gold price will not allow it to decline much further, as they risk setting off massive worldwide deflation and an economic disaster etc. One interesting note, an article in saturday's WSJ describes a long time equities investor (since 1980) as finally getting too nervous on the markets. He liquidated his entire position on Wednesday.......