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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Pierre J. LeBel who wrote (3242)	8/23/1998 9:59:00 PM
From: Joseph G.	Read Replies (1) \| Respond to of 5676

<<S&P 500 SEP98 1081.40 -540>> Let's see ... minus a point an hour, times 12 hours ... -g-

To: Pierre J. LeBel who wrote (3242)	8/26/1998 8:49:00 AM
From: Talk_cents	Read Replies (2) \| Respond to of 5676

Greenspan wants a market CRASH and he may get it soon! Unfortunately, our wise Greenspan doesn't seem to recognize that there is a major crisis on our hands and it's NOT Y2K. Y2K is a overblown fuss. The problem is our neighbors: Latin America, Asia, and Russia. Since Japan broke through the 15,000 level very easily today and the DAX is very down, our markets will PLUNGE today! We may have more than a 300 pt DOW plunge, perhaps 400pt. If we do not have this PLUNGE, then it will make it worse for the real PLUNGE. The market is holding back from DIVING and when it goes it will go FAST. Thank Greenspan for leaving rates alone for 18 months. He is an idiot. Inflation has been so low, prices are deflating. I think we have already begun deflationary times. Look at gold, gold is down from 400 to below 290. Some companies are asking their employees to take pay cuts of 10% or more. We have had several quarters of decreasing price pressure. This combined with steady rates makes the real interest rate TOO DAMN HIGH! Greenspan are you paying attention??? Or is your head up Clinton's b### ???