This came from the Y2k mailing list. Recieved on 03/30/00. This is his reasoning for expecting that Monday the stock market would start a downward trend. Forewarned is forearmed.

Y2K People Finding People - http://www.webpal.org/list.htm

I am writing this BEFORE the stock market opens Friday,to say that Monday may be interesting. Why?

1) Well, yesterday, one of the largest, prestigious, and most established investor funds called it quits. Simply said that the market had become too irrational and they could no longer justify making any predictions or investmentsfor their participants. And is handing back all their investor's money.

[http://hv.greenspun.com/bboard/q-and-a-fetch-msg.tcl?msg_id=002sYm]

2) Also, a tension has apparently arisen between Simmon's at Treasury and Greenspan at the Fed. Opposite policies. Simmon's lowering rates, Greenspan raising them.

3) Gyrations occurring in the market changes. Some up radically, others down radically. We are talking entire markets, not just individual stocks, because the latter is considered to have rational causes.

4) As one market indicator, I watch the doom and gloom letters of sophisticated investors in the market. People actually responsible for large amounts of money there. Have never seen so many such letters as I have gotten in the last two days.

Why Monday? Friday's start a down turn, and people have over the weekend to think about it. They think, "What is the psychology?" "Stay ahead of the crowd." "If it is going to go down, sell." "The same dollars will buy even more stock later."

But you have to remember, it is not a FREE market. It is a CONTROLLED market. BIG, BIG, BIG money has kept the party going. And may still try to do so. And may even be able to do so, for a while. But they don't have PERFECT control and REALITY will eventually catch up.

Market rules are set by men. Reality Rules are set by God. Guess who wins in the long run. Eternity is more than a long time.

May I remind you that when I say Monday may be Interesting that I am not predicting it. Just observing, because no one can predict that which is BOTH Controlled and Irrational.

Peace and love, Bruce Beach survival@webpal.org