Yes, you have heard all of the warnings and have witnessed the drastic declines of market values on Wall Street. With the rise of the Yen and the decline of the Dollar, can any reasonable soul read the writing on the wall? Meanwhile, pollyannas are in complete denial...

Japan will become a greater world power very soon.

Wall Street will be in turmoil next week as the global currencies fluctuate. The smart insiders are already out, but the general American public will be stuck with worthless stocks.

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

Do you see any significant monetary parallels? Do you WANT to see them? I see them, and I am making more emergency preps!

At this point in time, if you are totally convinced that the American economy, the strongest in the world, will NOT suffer a severe collapse, then I suggest you check out this [facetious] site: http://www.charlesponzi.com/special/EvergladesRealty/superestatedeals.htm

When do YOU expect the American stock market to collapse?

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

Answers

WQell- it won't collapse till after I'm out of the market of course.......:)- actually- I'm not in the market, but that's the general response of the public I believe......they all presume they will know when to exit the market- and will do so at the top of course.....

-- farmer (hillsidefarm@drbs.net), September 25, 1999.

farmer:

The general collective *dope slap* will not happen until the major televised networks broadcast the plunge.

Only then will the general masses finally "get the message to sell", but by then it will be TOO LATE!

The American Dollar is totally void of value and not worth its weight in gold or silver. There is NOTHING backing up its value except for the faith of the American public.

And when that faith falters, American will suffer a GREAT DEPRESSION!

Buy tangible items NOW!

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

Historically, crashes are very rare, but history shows that they do NOT occur out of the blue; rather, they CAN occur after a drop of about 13% from the all-time high. This is true of both the 1929 and 1987 crashes; the equivalent now of a drop of 13% would be a level of about 9800 DJIA. www.futuresfax.com has a YELLOW alert out now, based on certain non-confirmations, but this is DOWN from a RED crash alert just 3 weeks ago, and UP from a GREEN condition just last week. For a very accurate ELLIOTT wave read on the future, try http://WWW.WAVECHART.COM It costs only US $7.95/MO,

-- profit_of_doom (doom@helltopay.ca), September 25, 1999.

profit_of_doom:

www.futuresfax.com is conservative.

These people are missing the MAJOR WARNING POINTS.

The collapse of the US stock market will be SUDDENLY UNEXPECTED, and every one will be very surprised when the plunge occurs.

Japan will rise again with the Yen.

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

Well here is one polly who has hoped that the predictions of a crash are correct. Over the last year I have invested heavily in the market, and on friday I sold 90% of USA stocks.

I have also arranged to spend 20% of my salary each month buying more stocks (at a lower price I hope).

-- Hope for a crash this month (Made@nice.profit), September 25, 1999.

>> I have also arranged to spend 20% of my salary each month buying more stocks (at a lower price I hope). <<

In 1987 this strategy would have been the bee's knees. In 1999 you will be buying near the top of a long term, deep bear market, and the great majority of your investment will shrink from the level at which you purchased it. Perhaps by as much as 50% or more.

This crash will not resemble 1987. Look me up on 1/1/2002 and let me know how you feel about your stock investments....

-- Brian McLaughlin (brianm@ims.com), September 25, 1999.

I have been out of the market for a while, but I would never hope for a crash. A crash will not only cause general misery, but will come right back at you in every way, shape, and form. Our lives will be much less cozy with everyone around us poor. Enlightened self- interest alone should have you hoping it won't totally crash.

I am expecting a bad time ahead--it's simply what seems to be in thr works. It's a not a good thing, however. Don't ever imagine that the suffering of others can be good for you.

-- Mara Wayne (MaraWayne@aol.com), September 25, 1999.

MARA,

Well said.

-- Leslie (***@***.net), September 26, 1999.

Randolph: you sound like you see writing on the wall but end with a question. Obviously nobody is sure for sure.

-- Feller (feller@wanna.help), September 26, 1999.

The strengthening of the yen v. the dollar does *not* bode well for Japan. Most Japanese companies are quite dependent on exports to the US and other countries whose currencies are pegged to the dollar. As the yen rises, their goods become more expensive to US consumers and, presumably, less desirable.

Hence the Nikkei's 5% slide in recent weeks. Other Japanese indices had more pronounced dips.

Weatherman (partly cloudy)

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

We are seeing remarkable parallels to 1929. take a look at this guys brilliant research (longwave economics) according to him are we ever due for a big one. check it out http://www.urbansurvival.com/ Im betting on a DOW 5000 by Jan 15/00.

-- 29-again(thats 1929) (ron_wiebe@bc.sympatico.ca), September 26, 1999.

I usually don't discuss economics, but in this case, I'll make an exception. What you know about Japan would fit into a thimble. I have lived there for over five years now and the PR they put out is incredible. They are HOPELESS. It takes them YEARS to make a decision and then it is by concensus. That is NOT how to make money in the stock market. Their markets are teetering. They would love to be the next superpower economically speaking....but it is NOT going to happen. They are inefficient (regardless of how much you have read and I don't care where you read it...I lived there). They are the original Polish jokes...How many Japanese does it take to screw in a lightbulb? About three. One to do the work, one to supervise and one to flag traffic around. They have full employment and that does indeed cut down on crime. It is a wonderful place to live and I enjoyed it very much...BUT ECONOMICS???! These folks don't have a clue. I worked with them and for them. It is all PR folks....Believe it. They commented on how hard Americans work....Most of their time is spent in pep rallies and meetings....no kidding. This is reality.

-- Ynott (Ynott@incorruptible.com), September 26, 1999.

The word I get from a trusted source is the same, that Japan will be in a hurt bag of trouble. The question is, how enmeshed are we economically?

-- Mumsie (Shezdremn@aol.com), September 26, 1999.

I'm sorry for my stupidity.

You're right. Japan will tank.

I was temporarily influenced by some words from one of JollyPrez's friends.

-- Randolph (dinosaur@williams-net.com), September 26, 1999.

I love it when honesty shows itself to be the best policy.

-- Will (sibola@hotmail.com), September 26, 1999.

I don't wish for the stock market to fall, nor do I wish for a depression or a recession. Millions will be hurt and it will only make matters worse. Sometimes things don't work out the way we think they will and I am sure many of us will be surprised at the outcome. If you relish in the fact that people will get hurt, whether rich or poor, then karma will come back to you.

-- Dawn of the Age (DawnoftheAge@DawnoftheAgeee.com), September 26, 1999.

What happened to the crash?

-- (Archive@digger.com), January 13, 2000.

Archive digger -

Many fun threads to find, neh?

Lots of folks (including yours truly) failed to reckon on Mr. Greenspan throwing around cash like a first-round draft pick. That liquidity did exactly what he wanted it to do, and then some! The already manic markets rocketed in November and December, using all that wonderful money from the Fed. Then no Y2K to slow things down (yet), so stocks continue to gain, though admittedly with a bit less gusto than in 4Q1999.

Mr. Greenspan has now begun the withdrawal process in earnest and will also take steps to cool things down. A 25 basis points bump in Feb is already baked into the market, and 50 look pretty strong as well. Also seen discussions about the possibility of another bump of 25 (or even 50!) in the near future. Yikes!

And you know what's really funny? The markets are ignoring the recent jumps in bonds, and may ignore Fed rate increases as well. Bonds have fallen out of bed, but interest-sensitive equities have barely gone down at all, and techs (many of which would suffer if their debt service started climbing) still have money flowing in at every opportunity. Saw one comment that likened the Fed to someone hitting the brakes and finding out that only one set works.

This will be a most interesting 1Q2000.

-- DeeEmBee (macbeth1@pacbell.net), January 13, 2000.