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Re: [sharechat] Panic, this correction is a worry

From:	ril <ril99_99@yahoo.co.uk>
Date:	Sun, 16 Apr 2000 15:35:02 +1200

With due respect, what I said was I didn't know which way it would go on
Monday but there were serious flaws in the financial system. 

There is every reason to be panicing at the moment and in first world
countries people generally are. 

To reiterate, the NZ market is over-valued and will be hit severely in a
crash. Probably for the fourth time let me say that a stockmarket crash
CHANGES THE UNDERLYING EARNINGS OF COMPANIES THROUGH REFLEXIVE CHANGES
IN THE REAL ECONOMIES THEY OPERATE IN.

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