Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: UnBelievable who wrote (3724)	7/13/2000 11:04:21 PM
From: pater tenebrarum	Read Replies (1) of 436258

it's in the nature of crashes to be unpreventable. who or what is supposed to prevent it when it comes? on the contrary, i believe the BK when it comes will stun everyone with its violence and the sheer size of the collapse. it will be magnified due to the various derivatives and leveraged strategies out there. don't forget, from what one hears, the one-week 34% swoon in the NAZ in April was mainly due to the selling of a single (albeit large) hedge fund. the BK of '87 was precipitated by $2 bn. in Fido sell orders - a single mutual fund got that thing going. only 3% of the total invested capital were moved out of the market. so what do you think happens when there is some REAL selling for a change? that would be a freight train no-one can stop. of course this is but idle chatter...as we all know, the BK is and will forever remain, a myth. buy ARBA...it has an excellent price/sales ratio, at least in terms of originality of the number. when in doubt, buy the dip.... you can short gold while you're at it.

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