Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tom Trader who wrote (8400)	10/29/1997 10:30:00 AM
From: IQBAL LATIF	Read Replies (1) of 94695

I think victory is going thru this whole thing under and coming out better- nothing more nothing less- they were prepared for this big Kahuna but when the time came- some of their orders did not get executed- I am not saying and will never claim that this all over but the banking collapse the talks of recession and all hell breaking loose is out of question- the recovery of ASEAN market from where it all started is an indicator of the fear and baseless rumour mongering- HK government stayed its course and speculators betting against the HK $ have lost heavily- they never really wanted this market to come back in HK like this- it is nice to see some stability, I assure you that in a falling market is not about buying puts at the right time but also exiting at the right time and in my opinion that remains the only criterion.

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