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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (9356)	5/8/2008 12:06:09 AM
From: ajtj99	Read Replies (1) of 33421

John, since you were rather close to New Zealand at the time (being in Australia) I was wondering if you had heard of a company called "Rainbow" in New Zealand? I was on holiday in Bora Bora during the meltdown in Oct. 1987 and I met a bloke who was part of that company in 1987 when it was big stuff in New Zealand, but it imploded a little before the US crash in 1987. It was certainly surreal watching the US markets crash from half-way around the world in those days. From what I gathered from that guy, the Rainbow company followed the bubble patterns we later saw in 1999-2000 in the US to a "T".

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