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Will the 90's Be the Decade of JUNK STOCKS?

Posted By: Ru Mills
Date: Friday, 14-Jan-2000 16:45:20
www.rumormill.news/1098

In Response To: The DOW and Elliott Wave Theory (Loki)

The following email was sent to the RuMills onelist.com emailing list. To join the list, click the mailing list button on the left of the front page.

The DOW and Eliot Wave Theory WERE THE 90'S THE DECADE OF JUNK STOCKS?

January 14, 2000 From Ru Mills, Editor, Rumor Mill News Agency

An interesting article has just been posted on the Rumor Mill News Forum. I have pasted it in below. It is about the DOW and Eliot Wave Theory. While I was reading it, I was reminded of a conversation I had recently with one of my Sources.

The Source referred to the 80's as the decade of "Junk Bonds". Then he said, "If the people who lost their shirts to the likes of Michael Milken and his junk bonds think the 80's were financially devasting, just wait til they realize that the 90's was the decade of "Junk Stocks", and AOL is at the top of the list!" (The Source made the AOL reference before AOL took over TIME-WARNER with a stock swap.)

I don't know anything about the "Eliot Wave theory". The purpose of this email is to ask if anyone on the Ru Mills One List can add any information to this.

My Sources tell me that the next significant day in the financial world will be January 21st.

I find this date significant for two reasons. Most of you know that Helen Thomas, the UPI White House correspondent, sent out an article whose headline stated, "Clinton making plans to leave the White House January 20, 2000."

One of the subscribers to the Ru Mills One List sent me a newsletter from an astrologer who had also zeroed in on January 20, 2000.

The astrologer stated that the lunar eclipse of January 20th (read the article on the Forum CLINTON BEWARE THE 20TH OF JANUARY, 2000 ) falls on President Clinton's Arab relations. According the the astrologer, the last time this happened, American Embassies were bombed.

I find it interesting that my Sources stated that January 21st will be the next significant day in the financial world. According to the astrologer, the lunar eclipse begins on January 20th California time, but in Washington DC, and NYC --- Wall Street --- the lunar eclipse begins JANUARY 21ST!! ...the date my Sources stated would be the next major day in the financial world.

I wonder what my Source meant when he stated that the 90's would be known as the decade of "Junk Stocks"?

I will post these comments on the Rumor Mill News Forum under the article which I have enclosed below. If you have any comments, please email them to me or post them on the RMNews "Agents Only" Forum.

The DOW Closing numbers: Fri Jan 14 4:27pm ET - U.S. Markets Closed. Yahoo! Finance - ^DJI DJ INDU AVERAGE ( :^DJI) - More Info: News , Components Last Trade 4:03PM · 11722.98 Change +140.55 (+1.21%) Prev Cls 11582.43 Volume Day's Range 11612.53 - 11750.28 Bid )



RMN is an RA production.

Articles In This Thread

The DOW and Elliott Wave Theory
Loki -- Friday, 14-Jan-2000 08:52:14
Will the 90's Be the Decade of JUNK STOCKS?
Ru Mills -- Friday, 14-Jan-2000 16:45:20

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AN EXPLANATION OF THE FACTIONS