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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (5047)9/8/1997 10:07:00 AM
From: bobby beara   of 94695
 
Joan, this is something that should strike fear >>>It is my observation that Wall Street has trained themselves to disregard both food and energy prices<<<

They are ignoring the basic necessities of life and economy. Think AG will ignore these? While Wall St. watches the bubble, AG has his eye sharpely focused on the ball. That's his job and his mission.

Like I said we don't need the 8% of 87' to take this market down, we are we are 2.5x the price to book value of 87'. All we need is 7% to take this bubble out and we aren't far away.

Prepare for bad #'s on the 16th, which JQ Public & MM's will ignore but the specialists and the bond traders will be shorting the hell out of this thing.

-Bob
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