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To: Lucretius who wrote (1842)	8/16/1998 5:07:00 PM
From: Lucretius	Respond to of 14427

<<<Here's what to expect over the next two weeks: NIKKEI hits a slightly new low (12000 maybe?) in a panic bottom, our equity mkt sells off in response. NIKKEI strongly rebounds, but we go into the tank as interest rates rise, the dollar drops, and gold and the XAU soar! Get ready to rumble!!!!>>> Note in this scenario we also get our last rally before the crash as the NIKKEI rebounds and everyone is relieved that the Yen is recovering and Japan seems to be stabilizing. The NIKKEI keeps rising, but we roll over and BOMB as dumb fund managers that own only bloated bonds and bloated stocks get their heads handed to them in a panic crash as they are forced to sell both in margin calls and panic selling. Things should start to turn in a couple weeks. BTW- a few months later there will definately be a photo OP w/ some jubilant Japanese holding up a newspaper w/ the headline "WE WIN!!!" LOL!! LOOK OUT BELOW!!!!

To: Lucretius who wrote (1842)	8/16/1998 8:24:00 PM
From: Jamuck	Respond to of 14427

Lt. As a lurker I find your views provocative but somewhat extreme [dow 1000 is far and away the lowest prediction I've heard and there are bears aplenty over at the fool]. What scenario do you see causing the dow to drop 90% off its highs [the Japanese markets have only seen a 66% haircut so clearly you see the US situation to be more inflated [in a bubble sense]] why? The banking system over there seems much more unstable than ours [or is that just wishful thinking on my part]. Thank you for your contributions to the continuing education of us lurkers.