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To: Brad Bolen who wrote (32409)4/11/1999 12:56:00 PM
From: Lucretius  Read Replies (1) | Respond to of 86076
 
where you been for the last 6 months? L-T int rates are rising.

mkt crashes occur BEFORE the signs of recession/depression are obvious in the economy. People won't lose jobs till after the mkt implodes, not before.



To: Brad Bolen who wrote (32409)4/11/1999 4:43:00 PM
From: Bonnie Bear  Read Replies (1) | Respond to of 86076
 
Brad: everyone has a job? I think the job statistics are one of the most grossly manipulated numbers the feds put out.
When I see pictures of many thousands of people sleeping in the streets overnight to get in line to get a ticket that lets them be in the lottery for three hundred longshoremen jobs, AND I look at the chart of the smallcap and midcap "value" index, AND I drive through silicon valley to see that there is block upon block of empty buildings for lease, and more every day, I know the truth.
There appears to be a relatively small number of very wealthy people playing the stock market, a lot of minumum-wage jobs, and not much in between.



To: Brad Bolen who wrote (32409)4/11/1999 10:27:00 PM
From: Moominoid  Respond to of 86076
 
Pardon me, but interest rates are dropping and EVERYONE has a job.
Forget a crash until one of those things changes.


I totally agree with you. I was criticizing Luc's latest ideas. Market will be down one or two days and then bounce back up.

David