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Strategies & Market Trends : Waiting for the big Kahuna

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To: kahunabear who wrote (14901)3/11/1998 10:38:00 AM
From: Tommaso  Read Replies (3) of 94695
 
Some people never did get their money back, but many did--and in effect got a handsome return because by the time they got it back prices had dropped by --I forget how much, but about 25%, so that they had made money.

I am beginning to fear that in a really big crash there might be enough voters to convince Congress to bail out the stock market in some way. Sounds like something comparable has been going on in Japan--though I really haven't studied the whole Japanese banking situation enough to see clearly what has happened there.
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