Yep, the stock market is going to crash by then end of October!

-- Butt Nugget (catsbutt@umailme.com), November 05, 1999

Answers

You know Butt breath, you are right. It's a great time to get a second mortgage, max out credit cards, get all the loans you can and put it all in the market/casino. Why try to guess where the top is? There will be no top to this bull. Timing? who needs timing. Just jump on board, 36,000 on the dow is just around the corner. P/E ratios? Nah, ignore em. Most people don't even know what they are anyway. Y2K, 3 day storm, forgitabodit. Bunch of hype. We're much smarter than those dumb a$$es in 1929. They didn't have cornputers to lead them to the promised land. We're much more smarter than them, right? And don't forget our leader in the White House, the best first family money can buy. We got the PPT on our side too, hey it's a no-brainer, just like you, butt muncher.

You're right, gonna sell all my preps, and jump in with both feet. Can ya loan me a few bucks too? Gonna open a margin account and will pay ya back double next week. No problemo dude. With all the profits, I think I'll buy the 7-11 near Milne's ranch and charge him double for his beer nuts and Bud.

Well on second thought maybe not. Just read DD Reed's article. Going to Sam's Club instead, maybe next time though.

-- bet the ranch, NOT (bill@tinfoil.com), November 05, 1999.

Paging Andy, paging Andy. What's up with the market? Sure is a strange crash. Nearly all of the indicators are positive now. The drug stocks are up. Must be the holders of the Prudent Bear Fund that are buying all that Prozac. LOL ---> Get a life!

-- jq public (jqpublic@usa.com), November 05, 1999.

Funny - for the past three weeks, the gains have been from massive overnight buys (other countries ?) that immediately "punch up " the opening index (looking at S&P500, for example).

Then, consistently, Americans are selling (price goes down) through the regular business day, thenjumps again the next morning......just wondering why the rest of the world wants to sell their assets (at a losing rate), and buy US stocks......just wondering.....why US customers are selling.....

-- Robert A. Cook, PE (Marietta, GA) (cook.r@csaatl.com), November 05, 1999.

The fix is in. It's only a matter of time before they can't hide it any longer and the whole thing comes crashing down. The higher it goes, the worse the crash will be.

-- (brett@miklos.org), November 05, 1999.

<<>>

Excellent.....Excellent.....Excellent.....Excellent Observation!!!

What we are seeing is a flight to quality. For American money it's to bonds, money market, cash...but for Foreign money, it's into the US!

Now, why aren't we hearing this on CNBC????

-- Duke 1983 (Duke1983@AOL.com), November 05, 1999.

I thought the problem was foreign money leaving the US. I'm confused. So now the problem is foreign money coming in.

-- jq public (jqpublic@usa.com), November 05, 1999.

Robert:

For every seller, there is a buyer. For every buyer, there is a seller. Got that? Prices are negotiated. If stocks rise, it's because someone agreed to pay a higher price; if they fall, it's because someone agreed to sell at a lower price. Sheesh.

What's amusing is that so many people have their noses pressed to the market. If it drops, they all shout "we told you so!". If it rises, they magically remember about fluctuations, so it doesn't mean anything.

Someone calculated that if you'd bought every time Paul Milne announced that the crash had begun, you'd have tripled your money by now. Milne has shown a phenomenal ability to identify relative lows, but NO ability to interpret them.

-- Flint (flintc@mindspring.com), November 05, 1999.

Many analysts have predicted (without Y2K) a blow-off top to the market before the crash. I'm riding my Janus funds over 11,000 again; then we'll see a double top on the technical charts. After that, run for cover.

-- DGBennett (bennett1@peachnet.net), November 05, 1999.

R. Cook, interesting. Please identify your sources.

-- x (x@x.mil), November 06, 1999.

I can wait.

-- x (x@x.mil), November 07, 1999.

A long time.

-- x (x@x.mil), November 08, 1999.

Hey Alan says lets bring Microsoft over! Duh! ok!

one week later--Federal judge claims MONOPOLY!!

Is it just me or does GOD have a sense of humor??

P.S. and then I hear windows95,98,NT need patches or something like that

-- D.b. (dciinc@aol.com), November 08, 1999.

Foreign markets heading downward - worried about Microsoft.

-- fatal error (technology@not.stable), November 08, 1999.

The 5 day (and longer) graphes of the S&P 500. S&P tracks better than the Dow because it has more companies, there is less influence of just one stock going up or down.

I use this site, you might find a better one.

http://quote.yahoo.com/q?s=^SPC&d=5d

-- Robert A. Cook, PE (Marietta, GA) (cook.r@csaatl.com), November 08, 1999.

Mr. Cook, I have seen the graph, I just don't see where it points out that foreign money is in and domestic money is out. Can you elaborate, please?

-- x (x@x.mil), November 08, 1999.