Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Tommaso who wrote (4967)	9/4/1997 8:33:00 PM
From: William H Huebl	of 94695

Hi Tommaso, I like the 2 points you made on the Millenium Crash thread... the best was the bank credit lines to meet redemptions... now if that isn't a way of increasing margin indirectly, I don't know what is... and how much of the market is being financed by bank loans anyway... maybe credit card loans? Well they said that 1929 couldn't happen again because the margin restriction now would prevent it from happening. What margin restrictions? Certainly if you take out a bank signature loan or other credit, how do you count THAT? BTW, "THEY" make washing machines and baby carriages... in case you wonder who "THEY" is that everyone talks about. MY PREDICTION: We will see 7,300 before 8,000 AND BY THE END OF NEXT WEEK!!! (All the normal caveats apply including my forecasts (often) aren't worth the paper they are printed on. They ARE printed on paper somewhere aren't they (gggggg) ? Regards and careful trading to all... it's a jungle out there. Bill

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