Waiting for the big Kahuna Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Waiting for the big Kahuna

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Joseph G. who wrote (5187)	9/10/1997 11:26:00 PM
From: tekgk	of 94695

>> Fed has started to pump in liquidity Sure have, highest since mid 70's - 9.1% rate for M3 at the moment. As I recall the peak was around 11% back in the mid 70's. >> not waiting even for a 10 - 12% correction. AG is no dummy. I speculate that by pumping early he thinks that he can hold the crash to < 20% instead of the 50% that it should fall to get valuations back to historic levels. This could all backfire very easily. If Japan smells a devaluation they will sell bonds which will result in a bigger debacle than anyone can imagine (at least 75% IMHO). I asked a local expert on Japan (Duke professor) to give me her opinion on what Hashimoto said back in June. She said he did not threatening - he was just stating facts - based upon certain conditions there would be no choice and he would act. >> I feel a bit uneasy about it Same here. Just a few shorts and puts for now. I am planning on adding lots more over the next week or so. I sure hope I am not to conservative and miss too much of the ride but then I also do not relish the idea of going back to work at a regular job. What keeps me bearish is what is going on in the rest of the world. Every few decades the world stock markets start falling together. The weak ones first followed by the stronger ones. A few escape, but not many (Australia and South Africa escaped in 29 - Gold producers). Asia looks like it is once again heating up tonight, a couple with over 3% losses at the moment. Europe was also mostly down earlier this morning. Here's a quote from one of my favorite sites to get you interested the rest of the world. Bryan Taylor II, Ph.D - "Almost no one has looked at the big picture, specifically, how the world's stock markets behaved in the 1920s and 1930s. What happened in London? Paris? Tokyo? Berlin? Could you tell someone if they asked you? This newsletter will review what happened in the world's stock markets during the 1920s and the 1930s." The link is: globalfindata.com Happy reading!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next