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Strategies & Market Trends : Waiting for the big Kahuna
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To: Simon who wrote (7092)10/24/1997 2:01:00 AM
From: Bonnie Bear  Read Replies (1) of 94695
 
yes, I was told this was going to happen six months ago, I've felt like I was in a global death watch but the warnings were there and clear. They said to stay out of US and international stocks and that there would be a shudder of pain from a string of Asian bank failures that would bring down the world stock markets. Three times in different reports by different experts in different countries all agreed and published in the same week, too weird, their prediction was the end of the Japanese fiscal year- the end of March- though they said it could go on for another six months but not more. And here we are. And people have beaten me up daily as a harbinger of doom. So I have stayed out of ADRS, waited till the S&P was absurd to short it, watched this history unfold, a profited a bit and stayed out of harm's way.
When it is down, and all the terrible things have been told, I will be long in a big way.
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