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 (65115)	7/31/2003 5:24:42 PM
From: James F. Hopkins	Read Replies (1) of 94695

LOL; Or if you worked with people you trust and who know it ... -- Not long ago the Co-Owner of the company I work for had rented a special high tech piece of heavy equipment.. and he had tore it apart.. My deck hand said look at what Johnny has done to that expensive tool.. I laughed and said; Ya he just tore it apart to see how it was built.."he likely wants to make one." ---- This gang I work with can make anything that runs work, and if it don't run they can fix it. I don't know jack about much except the Boats, but I have good friends who know the equipment side. --- Well this rally today looked strong early on, but it sure lost steam late in the day.. --- I pointed out some time ago that with rates so low it was cheaper to hold futures on stocks than the stocks themselves..and most of the rally was driven by futures and cheap credit. It looks liken taht's changing.. As rates go up, the "fair value" of futures goes up too. I don't see rates as being extremely high..except that they never move this fast..some shit is going on somewhere. Jim

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