Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: BubbaFred who wrote (25704)	8/30/1998 1:13:00 PM
From: Gersh Avery	of 94695

What attracted my attention was the magnitude of the problem. IMHO: Any attempt to fix the situation will cause a drop in the value of the dollar and US bonds. If they continue to do nothing the resulting collapse of the entire banking system of the worlds second largest economy will send severe shock waves world wide in minuets. Also, I do not believe this impact is already priced into our markets. Gersh

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