Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Lazarus_Long who wrote (10707)	12/1/1997 10:06:00 PM
From: Haim R. Branisteanu	Read Replies (1) of 94695

Correct and also Wrong - shatered expectation drives a market to the abys. I would agree with that fundamentals are driving a market but on the same token manias or lack of make a market go to the sky or stay flat for no reason with same fundamentals. From a fundamental pont of view we are toast even if the US consumer tinks we are not. the "Global economy " who helped lower inflation is bringing on us over 2 billion guests who want to share the "American Dream" in their countries and NOW!! We it does not work, as Germany has proven on a smaller scale and now SE Asia and India Brasil etc. is proving on an MAJOR scale!! Net result BIG BROBLEMS - political unrest which can not be bought with money or a substantial economic slowdown all over. Well both bode bad for OVERVALUED stocks. BWDIK Haim

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