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Strategies & Market Trends : Waiting for the big Kahuna

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To: HH who wrote (1779)7/1/1997 9:22:00 PM
From: William H Huebl   of 94695
 
Hi HH,

Well, just receive Stephen Leeb's mailing which speaks to that... his theory is that deflation occurred because of cutting employees... now that unemployment is at a 10 year low, inflation is back. But he doesn't think the crash will occur now... he thinks it will be in 1998.

I have mucho respect for the guy... I believe he has a good handle (gandle?) on the markets, economy etc. (Would a bad handle be a bandle?)

GE 60 puts got as low as 3/16 today... I will order 100 at 1/8th tomorrow... on second thought, I will wait to see what Alan the Greenspan does tomorrow.

Regards,

Bill
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