Bubble bursts finally with a vengence!

Doug Henwood dhenwood at panix.com
Fri May 14 07:50:12 PDT 1999


Henry C.K. Liu wrote:


>It looks like the real thing this time.
>All shares dropping rapidly, Europe lost an average of 2% overnight.
>Dow is dropping faster than I can type - 121 points in 8 minutes since
>opening and falling.
>30 yr bond edges towar 6%.
>If it continues into next Monday, it will be all over.
>If it doesn't, the next correction will try again within days.
>Summers is facing a tst of fire!

Henry, you optimist!

Doug



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