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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: clochard who wrote (4239)	6/2/1999 8:41:00 AM
From: clochard	Read Replies (2) \| Respond to of 5676

Some interesting excerpts from an excellent site: goldminingoutlook.com SIR JOHN TELLS IT LIKE IT IS: Sir John Templeton, who is a long-time stock market guru and respected former fund manager, said on Thursday, May 26, 1999 that the U.S. stock market reminded him of Wall Street in 1929 and the 1989 Japanese market. He expects the Dow Jones Industrial Average to drop 40% in the relatively near term, losing 4,500 points. Surprisingly (or maybe not so surprisingly), few of the media picked up these comments. WORLDWIDE PROSPERITY IS BUILT UPON A HOUSE OF CARDS: Former Federal Reserve Chairman Paul Volcker said on Friday, May 21, 1999: "The fate of the world economy is now totally dependent on the growth of the U.S. economy, which is dependent on the stock market, whose growth is dependent on about 50 stocks, half of which have never reported any earnings."

To: clochard who wrote (4239)	6/2/1999 10:06:00 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 5676

Steve, >>the market leads the economy. We'll see a crash BEFORE the economy tanks, and this time the crash will cause the recession. I agree wholeheartedly. The stock market had a significant part in the goldilocks economy of the recent 4 years. A 30-40% decline would trigger a snowball that could create a Big Depression. Consumer demand will drop as a result of a big correction in equity prices, because consumers have no cushion. Then the snow ball will start rolling. ATG

To: clochard who wrote (4239)	6/2/1999 5:57:00 PM
From: Haim R. Branisteanu	Respond to of 5676

Analysis of end of Day Closing prices and recommendations in Rubins & Uncle Al Tulips Market - Short the rallies This is the most effective list, but validate signals. Results are relative to the SPX and move relative to the SPX - Haim see more data & info at bway.net Today is 06/02/99 Remember this is a computer scan only S&P Closed 1294.81 S&P Change 0.550 Recomandation Price Stoch. RSI RSI RS Change ROC% BUY SIGNAL ON BAC 63.250 23.441 38 0 0 SELL SIGNAL ON BGEN 105.562 76.303 52 -4 -9 BUY SIGNAL ON CSCO 110.125 26.824 48 4 15 BUY SIGNAL ON CNC 31.312 14.224 46 4 4 BUY SIGNAL ON DELL 33.500 10.181 33 1 42 BUY SIGNAL ON F 56.500 11.392 38 -2 14 BUY SIGNAL ON GTE 63.375 18.943 45 0 18 BUY SIGNAL ON HDI 55.000 23.457 46 8 16 BUY SIGNAL ON HNZ 48.812 13.226 47 8 0 BUY SIGNAL ON KLAC 46.000 16.355 42 5 1 BUY SIGNAL ON KM 15.438 14.286 41 0 36 BUY SIGNAL ON MENT 12.938 20.225 49 6 2 BUY SIGNAL ON RAL 27.125 18.621 40 0 16 BUY SIGNAL ON PRST 7.000 14.062 43 1 20 BUY SIGNAL ON AMZN 112.125 21.187 38 3 ?? OOH NO!!<GG>