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Strategies & Market Trends : Waiting for the big Kahuna

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To: tekgk who wrote (2602)7/17/1997 9:46:00 AM
From: tekgk   of 94695
 
A cement company in Thailand crumbles taking small Japanese bank down with it (a result of the recent devaluation). One of these will cause a big enough ripple to take the currently vulnerable market down. This kind of liquidity problem can currently be seen in a number of countries like Korea, Thailand, Brazil, Mexico etc. Various institutions are trying to plug the dike but it looks like to many holes to me. When I see a big enough ripple I'll try to post ASAP.
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