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To: Lucretius who wrote (44023)	5/30/1999 12:10:00 PM
From: Haim R. Branisteanu	Read Replies (1) \| Respond to of 86076

From my updated Chicken page - Services, stock prices and real estate are still moving upwards which again may reinforce my speculation of STAGFLATION. The recent blessed decline in the DOT index may drag down the stock market an event to cherish about as it will benefit the US economy in the long run. DOW around 8000 or SPX around 1150 to 1200 will represent an healthy transformation of the US capital markets which in turn will stop the present tendency to stagflation and leave the FED comfortable in lowering interest rates which will spark a new cycle in the real economy. __________________________________________________________ See more at bway.net __________________________________________________________ All comments are appreciated. BWDIK Haim