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To: Dragon 1 who wrote (4900)	10/31/1998 1:42:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 14427

cnnfn.com somebody has to be right... let's hope it is the one bear that got thrown in as an afterthought. (G) I want everyone to keep in mind that Japan and us in '29 didn't have an enormous national debt that was financed by foreigners so we and the Japanese were free to cut rates down to nothing (not that it helped the economy) Uncle Al doesn't have that same luxury.. if he cuts too much he weakens the currency and the bond mkt is destroyed. Think about how analysts are going to justify current valuations when interest rates are rising and earnings are falling.... This is exactly what I see on the horizon. Even Abby's moroonic model would start giving sell signals. When it becomes obvious what is happening... that's when you get a crash. the mkt follows the dollar.... decisionpoint.com