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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Bill F. who wrote (54325)	4/1/1999 10:24:00 PM
From: Lucretius	Respond to of 132070

I'll agree w/ you there.... I could care less what sets this thing ablaze, and it will probably be somethng none of us expect... I just don't think the bull mkt will end until our currency starts having problems... till then.... I think the bulls are golden. think about it.. as the rest of the world has crumbled around us for the last couple yrs.. our mkt has gone berzerk. If clowns didn't buy US stocks then they bought US bonds thus driving down int rates and making stocks more attractive.. a regular perpetual motion machine as long as the dollar continues to appreciate. Its as if all the water from individual buckets around the world were poured into our pool as those buckets started getting holes... till we get holes.. the kiddies will probably play in the pool. Nobody cares about fundamentals UNTIL their positions turn into losing ones... so far that's been because of currency movements around the world. Seems like it should be the same here. but hey, if you can whip up a crash in techs based on awful earnings.. I'm there.

To: Bill F. who wrote (54325)	4/2/1999 10:48:00 AM
From: accountclosed	Read Replies (5) \| Respond to of 132070

friend of yours? <g> On Course for 10,000 and Beyond...The market has stayed in a range, in my view, with an upward bias which should propel us through Dow 10,000 and on our way to 11,000. and check this razor sharp analysis <s> It appears we possess the right balance between economic indicators, absence of inflation and the ability of stocks to rise. Obviously, the spiral is not going to include all stocks. We have discussed how the market breaks down into three pieces. To start, there are the select 150 equities. Next, there are equities that are in the right sector but are small-cap and not readily distinguishable. Finally, there are the commodity product companies that are simply not able to make any forward momentum such as papers, chemicals, steels etc. The big consolidating stories such as Exxon (XON-Not Rated-$71 9/16) and International Paper (IP-Not Rated-$44 1/4) should play out fine but afterward it becomes quite difficult. gruntal.com