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 (13683)	1/30/1998 11:22:00 PM
From: Bonnie Bear	Read Replies (1) of 94695

Bill: like you like to tell me, it's not good to be a bull or bear.. After listening to Greenspan and Rubin, I wanted to cast aside my bearskin cloak and wave my american flag at the NYSE. Most of the world's stock markets stand to gain immeasurably from a concerted fed activity to stabilize Asia, keep the contagion from spreading, keep currencies and interest rates under control, and establish a legal framework and liquidity to global markets. The picture they painted is ragingly bullish for global small businesses in foreign bourses, which is a sector that has been in a bear market for a long time. Greenspan also talks of increased volatility as an unfortunate consequence of an increasingly complicated global financial system. They point out that national security and foreign policy are inseparable, and fixing Asia is good for national security interests. It's hard to imagine a decline of more than 5% possible with this picture they painted.

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