Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (8896)	11/1/1997 10:01:00 PM
From: White Shoes	Read Replies (1) of 94695

Bill, I care I care I care. I agree with you, it's sort of spooky how calm everyone seems. Thursday's selling just a warmup for Monday? That's a very possible scenario. Am adopting a "wait and see" attitude to all this. If crash comes earlier than expected so much the better. Perhaps another 10% down might be the end of this if it is to be just a correction. Because I follow certain stocks that I consider to be good values + fast growth, I won't worry too much about the consequences of a prolonged bear market. If these stocks drop another 10% I will start picking them up (limited downside IMO, book value, growth rates, & all that). I am in a lot of cash and so on right now. (And diamonds.) To the other folks on the thread, I just read where de Beers has a 1 year deal with Russian diamond producers, likely to get extended after that, to have these diamonds sold through de Beers' Central Selling Organization. The Russian diamonds threat to the de Beers cartel is dead. By the way, here in Canada Thanksgiving has already happened. Well see you Monday. Keep watching that ticker (sounds ominous doesn't it).

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