Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (58539)	7/11/2002 12:12:05 AM
From: BubbaFred	Read Replies (1) of 94695

That is definitely on huge H&S. Is it for real? It is rare to find one of that size and of such duration. H&S is very powerful and ominous, and there were many small H&S's in succession that were precursor (forewarnings) to the present demise. If this big one were to become reality what will be the time to the low? Six months to a year, perhaps? If it happens, it will undoubtedly coincide with the collapse of the real estate market which is a necessary condition for a thorough and complete cleansing of all excess overvaluations. The way various sectors are getting pummeled in rotation, I am getting real skittish that this H&S may turn out to be real. I read such ominous discussion by an economist but I don't recall his name. Two years ago I was informed of a potential Nikkei-like collapse and he reiterated it last fall. I thought he was nuts. What happened to the Nikkei and Japan's real estate bubble burst cannot possibly happen in the US, can it?

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