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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Bill Murphy who wrote (4638)	3/20/1999 4:45:00 PM
From: Crimson Ghost	Read Replies (1) \| Respond to of 81101

Bill: Charles is absolutely right that rates could be 7% by year-end. On the crash versus bear market debate, we have to remember the Fed. They will do all within their power to halt a crash in its tracks as we saw last fall. But a bear market is something else again. With the Fed's own model showing the market 25% overvalued I don't think Greenspan would panic at the thought of Dow 7500 provided the trip there was relatively slow and orderly. On the matter of GATA: The biggest positive could well be as a signal to contrarians that the gold bulls are panicking and lashing out in desperation.