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To: Lucretius who wrote (6946)	1/29/1999 1:29:00 AM
From: 007	Read Replies (1) \| Respond to of 14427

<Yes, i did say that. Let's look at what has happened: Dollar must crash (in order to trigger a top in the bond mkt). It has as of this Summer: decisionpoint.com Bond must crash (it topped in Oct and is now IMO getting ready to start a crash move): decisionpoint.com Gold rising (I believe an important bottom was put in today w/ the key reversal in the futures. the next few days should be telling): decisionpoint.com Yen must rise (to show the Japanese liquidating their positions) I has: decisionpoint.com read 'em and weep. All of the elements are there. Do as you please, as always of course. I'm quite sure there will be a ready and willing seller of an internet or tech stock of your choice at a bargain price soon. (watch out that it doesn't get cheaper though!) (G) -Lucretius> Clearly, the dollar broke out on the upside yesterday. Clearly, the long bond is not crashing. Clearly, gold is not rising. And although your ten-year Yen chart shows the Yen rising, on a daily chart you would see that it broke through support yesterday. According to your own criteria, a crash is not imminent. 007

To: Lucretius who wrote (6946)	1/29/1999 2:10:00 AM
From: The Perfect Hedge	Respond to of 14427

luc- Well with you calling the top again I think we'll rally tomorrow... 2096 is the key on ndx...if we break that and close above it then our puts will be hurting.It's do or die now for the indexes all around... If I had to call it I think we have one more leg up and a last gasp before we really start pulling back.Alot of the internets are ready to explode up...... B*---[long a y2k and internet stock but puts on alot of stuff...but not full positions on the puts........]

To: Lucretius who wrote (6946)	1/29/1999 7:56:00 AM
From: The Ox	Read Replies (1) \| Respond to of 14427

I dispute your term crash, especially when used in context with the Dollar index. We have seen a correction of roughly 10% (from 102 to 91). Since that correction, we have seen a zig-zag rise. This morning we are seeing dollar strength against euro and other currencies. Luc, We will crash only when the world losses confidence in our markets. I just don't see that happening right now. You continue to mention words like "event" in your posts. I believe we will need a trigger mechanism to cause any such event. I think we should pause this discussion for a week. If at the end of next week we haven't shown a panic in any of your indicators, I would like you to consider that your view may be not be accurately assessing all the current market factors and forces. A correction is not a crash. A back fill/breather is not a crash. respectfully, Michael