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To: Bill F. who wrote (2501)3/27/1999 3:37:00 PM
From: Hawkmoon  Respond to of 28311
 
often wrong never in doubt(BG)

As are most of us.... :0)

It will be interesting to watch. I still believe that Uncle Sugar, AG, will do whatever is necessary to maintain confidence in this market, including putting the word out to the street that his price for not hiking rates is for the street to broaden the market out. (what's my source for this presumption?? My own gut feeling and how I would approach the issue were I in his shoes trying to keep the economic boat afloat).

So the street would be blackmailed into investing, rather than "trading", with the result being an assured crash that wipes our the NAV of their funds, or the risk and illiquidity (but potentially nice returns) from investing in mid and small cap issues).

I have agreed with your past prognostications that during the past several years we have seen US money supply and market fundamentals manipulated for the purpose of preventing an all-out global collapse.

And I think he still has a few more tricks up his sleeve. (however, the administration's dangerous foreign escapes may through a wrench into the machinery).

Caveat Emptor.

Appreciate the response.

Regards,

Ron