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Strategies & Market Trends : Massacre on Wall Street -- Ignore unavailable to you. Want to Upgrade?

To: Cynic 2005 who wrote (28)	1/28/1999 6:05:00 PM
From: LTK007	Respond to of 92

All the below I believe to be true at least until April---I will return then if I have then reversed my position and am ready for my Bear phase--Good Luck,Max90 10. This is not a bubble 9. Brazil devaluation and possible Chinese devaluation is good for the US economy. 8. Stocks are undervalued at DOW 9000 (PE 30) S&P 1200 (PE 33) Nasdaq at 2400 (PE 110) 7. Abby Joseph Cohen and Joe Battipaglia are brilliant. 6. Growth forever (thanks to the MIT professor) 5. We now have tools to deal with mass panic. 4. Feds did not intervene in the markets and they cut rates only to help the bond market 3. Earnings are meaningless 2. Stocks will only go up. 1. New-pair-of-dimes. err. new paradigm. i.e. old valuations no longer apply.

To: Cynic 2005 who wrote (28)	1/28/1999 9:37:00 PM
From: Terry Whitman	Read Replies (2) \| Respond to of 92

ATTENTION: Dateline Jan. 28, 1999. The business cycle has been repealed. Repeat- The business cycle has been repealed. In a shocking announcement today, Treasury Secretary Paul Rubin, and President Bill Clinton called a press conference to make it official. "Recessions have been permanently exterminated. All Americans will become wealthy beyond their wildest dreams if they only invest in the U.S. stock market." Rubin announced. The stock market has officially been declared safe for all. The announcement went further, guaranteeing low interest rates and zero risks in equities. "We have achieved financial nirvana" Clinton added, "Due to my great economic policies, we have entered a 'new paridigm' of prosperity. The national debt will soon be erased with our investment of tax dollars into internet IPO's." A skeptical group of independent investors, calling themselves the 'Naked Truths', had a different view however. "Complete horse sh*t", muttered one.