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Strategies & Market Trends : Waiting for the big Kahuna

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To: blitzfund who wrote (79202)	1/27/2008 11:17:25 AM
From: blitzfund	Read Replies (2) of 94695

Vi, 1929 crash? try the 1989 crash across the pond...... simply replace the first line with "Global Big Kahuna of 2008" BWDIK IMHO............... "Japanese Stock Market Crash 1989 In May 1989 the Bank of Japan began to raise its discount rate from 2.5% to counter a perceived threat of inflation. The original rate had helped propel the Nikkei 225 index from 11,500 as recently as 1984 to about 38,900 by 1989. The discount rate stood at 6.0% by the end of 1990, and the Nikkei index fell below 9,000 by 2002, shedding over 75% of its peak value." econreview.com Surf breaking, Blitz P.S. History 101

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