can anyone sum up the prediction with the stock market for me

-- (jmattingly@mail.gcnet.net), September 25, 1999

Answers

Check out this site: http://www.mrci.com/special/DSPI87.htm/

What do you think after having viewed this chart?

-- Randolph (dinosaur@williams-net.com), September 25, 1999.

Randolph: Dude, the URL does not work....

-- King of Spain (madrid@aol.cum), September 25, 1999.

Try the URL without the final backslash. It worked that way for me.

-- Y2K Pioneer (Pioneer@aol.org), September 25, 1999.

A BEAUTIFUL BEDTIME STORY

-- Andy (2000EOD@prodigy.net), September 25, 1999.

Hey, it's not a back slash mark, it's a front slash mark.

Duh... Are you with me in cyberspace?

Man, oh man, if you can't figure out simple directions now, then you will have MAJOR PROBLEMS during Y2K...

-- Randolph (dinosaur@williams-net.com), September 25, 1999.

Jmattingly,

You can get as many predictions as you would like. They are each worth what you pay for them, or less.

Jerry

-- Jerry B (skeptic76@erols.com), September 25, 1999.

Drop the back splash at the end and that is an (i) infront of 87 not a one. Scary graph!

-- FLAME AWAY (BLehman202@aol.com), September 25, 1999.

Thanks, FLAME AWAY, capital "i" before the 87 and omission of the trailing slash did it for us WEB-TVers.

Such a pretty, pretty waterfall....

-- King of Spain (madrid@aol.cum), September 25, 1999.

So, looks like an uptick is due about Oct 1. Last chance to get out!

-- mommacarestx (harringtondesignX@earthlink.net), September 25, 1999.

I can. The market is sick right now. Going to vomit some more, so stay away so you don't get any on you. Stinks bad, p.u.........

-- Bill (bill@tinfoil.com), September 25, 1999.

Today's market correlates with pre-1987 crash market at .9 level

-- ct vronsky (vronsky@anna.com), September 26, 1999.

The chart mentioned above is one possibility. Another possibility can be found at http://www.mrci.com/spec ial/DSPI86.htm. One might surmise from that chart that we may be in for a nice, big gain in the weeks ahead.

...Or maybe not. Take a look at http://finance.yahoo.co m/q?s=^NYA&d=3mm. This is the three month NYSE composite index against the 200-day and 50-day moving averages.

To most market technicians, the NYSE composite's move into territory significantly below both moving averages suggests that we may be in the beginning stage of a prolonged downward turn. Both the DJIA and the S&P 500 indices sunk below their respective moving averages last week as well.

My best guess? The major US indices will shed another 2-3% next week if the G-7 meetings don't produce an agreement for multilateral support of the dollar against the yen. Few are expecting anything substantive to come out of the meetings.

Weatherman (partly cloudy)

nb: your mileage may vary...

-- Weatherman (anon@anon.com), September 26, 1999.

and the real question is if the yen hits it UP where does the market go while the dollar tanks?? DON'T expect ANYTHING out of G-7 to help C

-- Chuck, a night driver (rienzoo@en.com), September 26, 1999.

Well, if the G7 won't do anything, maybe the G 20 will:

(for educational purposes only)

"Updated: September 25, 8:20 pm

Canada chosen to chair new economic group

The world's wealthiest countries have chosen Canada's Minister of Finance as the head of a new international body to deal with world financial crises.

Paul Martin will chair a new group, known as the G-20 -- which will include the seven richest countries as well as thirteen emerging markets, such as Brazil, Turkey, and China.

Indonesia, considered a big player in money markets, has not been asked to join.

Recent unrest in East Timor made Indonesia too politically volatile to be part of the G-20, according to a Canadian finance official.

The decision to exclude Jakarta was welcome news to aid organizations that have been critical of the Indonesian government for a long time.

"I think it is absolutely right," said Kevin Watkins of Oxfam Saturday. "Indonesia is a country which has pursued a genocidal policy in East Timor. It is a corrupt and unaccountable government."

The rich and poor countries that make up the new G-20 will discuss financial reform to try to avoid economic chaos, such as the problems that paralyzed Asia two years ago.

The creation of the group was announced at a meeting Saturday of the G-7 nations in Washington, D.C.

Martin, who has been aggressively lobbying for an organization such as the G-20, said countries realize they can't take today's prosperity for granted.

"It was very clear from finance ministers from all regions of the world that this is not the time for complacency," Martin said.

One of the main issues being discussed by the G-7 this weekend is the sharp rise of the Japanese yen against the U.S. dollar.

There are concerns that if the trend continues it could hurt economic recovery in Asia.

Canada will chair the G-20 for two years. The first meeting is expected to be held in Berlin in December."

-- Rachel Gibson (rgibson@hotmail.com), September 26, 1999.

Full Dow crash date October 14, 1999. Gold 350 February 2000. XAU 96 by February 2000. Silver 9.73 by December 99. Better get your Durbin Deep (DROOY) $1.66 and Battle Mountain Gold (BMG) $2.16 now. Might even look at Caledonia Mining (CALVF) .04 as a possible 100 banger. CALVF has been around for several years and has a negative p/e ratio. I have positions in all of the above. This is not advice to purchase. These are my own predictions.

Gods Will Be Done,

Mike

-- Flierdude (nospam@spam.spam), September 26, 1999.

I'm going for the 21st Mike :)

CALVF is now 0.3 - worth a gamble...

-- Andy (2000EOD@prodigy.net), September 26, 1999.

I would watch the Advance/Decline lines for the NYSE and Nasdaq. If they continue to detoriate in the face of modest rises in the Dow and other indices in the next week or so, October may follow the 1987 or 1929 market actions.

The Fed meets on October 5, 1999, if for any reason they decide to raise rates again this might be the catalyst that causes the market to go into a tailspin.

Ray

-- Ray (ray@totacc.com), September 26, 1999.

But, like why-not said, it is built on sand. Weak and shifting sand. It is a good thing to think about.

sand...285. ammos, am'-mos; perh. from G260; sand (as heaped on the beach):--sand.

-- Mark Hillyard (foster@inreach.com), September 26, 1999.

Anyone catch that phrase "seven richest nations"? It's almost as funny as saying "seven biggest dwarfs". Let's see here--Canada is about $750 BILLION in debt, and that is just the FEDERAL government. But yet we are going to lend our a)money or b) expertise in handling money, to thoise poor(er) unfortunate countries. Oh, sorry, did I say lend? How silly, I really meant "give away", because there is not a hop[e in hell that we will ever see it re-paid. Same for the USA. The total debt is what, about $10-$20 TRILLION, depending on how you account for unfunded liabilities, etc? Soon, Federal Reserve notes will make cheap Y2K-ready toilet paper for those who don't stock up on the latter.

-- profit_of_doom (doom@helltopay.ca), September 26, 1999.

This is not a good time to be invested in equitites...a major correcrtion is in the works during the nest few months. See the later post on market preditioncs...

-- Mad Monk (madmonk@hawaiian.net), September 27, 1999.