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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (61479)12/13/2002 10:29:28 PM
From: Moominoid  Read Replies (1) of 94695
 
Dollar falling
long-term interest rates rising
stocks falling
oil rising
gold rising

I'd just come back to Israel from Britain where I experienced a once a century or so hurricane in London. The news all seemed to portend something about to happen. I remember seeing some guy in the street talking on the phone saying "sell everything" in English in the days as the market began to slide. I was very bearish though didn't have any kind of investments. Just an undergrad economics and geography student :) I was staying at the Youth Hostel in Jerusalem while between living places. Met a good friend who I still know today who was staying there from Frankfurt. Then the crash happened and everyone who wasn't paying attention suddenly was and talking about another Great Depression etc... So that was my earlier experience of waiting for the Big Kahuna...

No it's a myth :)

David
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