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Non-Tech : The Crash of '98..1929 all over again??Where are we going? -- Ignore unavailable to you. Want to Upgrade?


To: Moneysmith who wrote (6)10/2/1998 4:04:00 PM
From: Mike McFarland  Read Replies (1) | Respond to of 23
 
Over the next decade the Dow index
will trade between $6000 and $12,000.

30-year fixed mortgage loan rates will
fluctuate between 4% and 10%.

The average surface temperature of the
planet will rise 1 deg F and the west
Antarctic ice shelf will collapse into
the sea.

Many diseases will be cured, prolonging
millions of lives. Other infectious diseases
will move out of the Jungle, claiming millions
of lives.

A team of US and Japanese astronauts will land
on Mars. They will find no indication of life
ever having existed there.

The Ukraine will become the breadbasket of the
world as a dustbowl envelopes a large portion of
the midwestern United States.

The "Global" will replace the failed Eurodollar.

The skill with which the weather is forecast a
day or two in advance will not increase.

--MM



To: Moneysmith who wrote (6)10/3/1998 9:25:00 AM
From: GROUND ZERO™  Respond to of 23
 
For the sake of possible discussion, I'm referencing a post of mine from another thread that seems relevant here. It was in response to a question about market tops just prior to a crash.

#reply-5903215

GZ



To: Moneysmith who wrote (6)6/29/1999 7:11:00 PM
From: d:oug  Read Replies (1) | Respond to of 23
 
tv today PBS 9pm Boston TV Guide Frontline "The Crash" (aug 31, 1998)

Talk : Puts/Calls : Waiting for the big Kahuna

From: C.K. Houston Sunday, Jun 27 1999

The Crash

On Tuesday 6/29, FRONTLINE explores the global crisis that began as a
real estate bust in Thailand and roared through the world's economy-from
Bangkok to Jakarta to Moscow to Wall Street. On August 31, 1998, the Dow
Jones industrial average plunged 512 points, wiping out stock market
gains for the entire year. In the United States, small investors watched
more than half a trillion dollars of their savings disappear. Fear
spread that the global economy was falling apart. The program gathers
some of the world's leading financial analysts to unravel the reasons
for the crash of 1998 and to predict whether-and when-it will happen again.

pbs.org

Cheryl

Talk : Market Trends : MDA MARKET DIRECTION ANALYSIS

From: Les Horowitz Sunday, Jun 27 1999

Coming Tuesday...The Crash

FRONTLINE explores the global crisis that began as a real estate bust in
Thailand and roared through the world's economy-from Bangkok to Jakarta
to Moscow to Wall Street. On August 31, 1998, the Dow Jones industrial
average plunged 512 points, wiping out stock market gains for the entire
year. In the United States, small investors watched more than half a
trillion dollars of their savings disappear. Fear spread that the global
economy was falling apart. The program gathers some of the world's
leading financial analysts to unravel the reasons for the crash of 1998
and to predict whether-and when-it will happen again.