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To: Earlie who wrote (20961)2/22/1999 9:26:00 PM
From: valueminded  Read Replies (2) | Respond to of 86076
 
Earlie/Mike

I am sorry, but both you and Mike are wrong. As long as the money supply is expanded with impunity. And the rest of the world is lap dogs to the US consumer by buying our debt and giving us the most valuable currency in the world, with near zero inflation, this market will go up.

It will only cease to go up when AG is forced to stop increasing the money supply at these rates. (key word is forced, as he has no problems with the market as long as it is going up) Right now, the G7 conference has given us all the support we need to expand our currency without fear of exchange rate repurcussions. imo.

So what are catalysts to pop bubble. Opec gets its act together, Japan realizes that strong local currency is important, Western Europe actually becomes competitive . . .