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Strategies & Market Trends : Waiting for the big Kahuna

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To: Joan Osland Graffius who wrote (10248)11/23/1997 2:48:00 PM
From: William H Huebl  Read Replies (1) of 94695
 
Hi Joan,

I think your logic is okay when it comes to anecdotal things that happen in the news... but when system problems occur, I know I tend to expect the worst... remember the S&L crisis (you aren't THAT old now are you, dear)?

Well the first figures that came our way for that S&L thing were just the tip of the iceberg... at best we could see a coupla bil down the old rat hole... at worst, a Marshall plan for all of SEA.

Now my experience is reality is closer to the latter than the former.

What say you?

Regards,

Bill
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