Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: tekgk who wrote (7675)	10/27/1997 12:17:00 PM
From: Defrocked	Read Replies (1) of 94695

tekgk, have appreciated your posts and insights. Market rebounding here a little but look out below if bonds do not hold and commodities slip. Your post also indicates that other markets and tonight's action portends potential deterioration ahead. Concern over Far East action may increase relative to property and banking sectors and implications for Japan as well as US. "Its a small world after all,its a small world after all, its a small world after all, its a small, small world" (Hate that song) :^( Certainly appears that asset devaluation may be a distinct possibility. I do not expect the Fed to come galloping to the rescue here. AG has warned investors many times during the last year. Hopefully they have enough sense not to raise interest rates on Nov.12. My current outlook for the DJIA is last January levels, around 6500 before dusts settles. BWDIK. I'd be happy to be wrong. But be cautious, threaders, this is how heros get posthumous medals. PS:tekgk, nice to see someone stills follows money supply releases. I too remember all those Friday PM, then Thursday PM monitor gatherings.

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