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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (60053)1/20/2001 4:21:05 PM
From: BigBull  Read Replies (2) of 436258
 
It will probably take some kind of "exogenous" event to break up this nice little Dow rotational party.

I have three candidates:

1. Japan:

japantimes.co.jp

These guys are now annihilating their own currency because they are desperate and nothing else is working. Imo this is a primo time bomb. If it's this bad during a "boom year", God help them when their exports dry up. Big big trouble brewing here.

2. Energy Crises:

A bit obvious, but still quite effective.

3. A major financial firm blowing up ala Drexel or LTC. Financial panic would definitely do the trick.

We'll see. Japan is #1 because the depth and seriousness of the problem is being vastly under-reported by the financial press, thus when it cracks wide open it will do a Gomer Pyle on the press - Surpriiiiise, Surpriiiise, Surpriiiise!
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