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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Front Beach who wrote (19628)	8/30/1998 12:08:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 50167

SP: Great story... The warning signs are there... The blue chips are now starting to break... Students of history can see a similar pattern in 1987 and 1929... There were several months of market deterioration before each crash... One could argue that worldwide events have little effect on the U.S. markets... That may have been true in years past, but the current market deterioration is saying that money is flowing to safety... The likes of AMZN and AOL, etc., will no longer be the irrational Oasis of safety they once were... The pendulum is beginning to swing the other way... Those that don't heed the warning signals the market is giving will pay a price for their pride... Jim