Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: dennis michael patterson who wrote (18036)	5/6/1998 3:46:00 PM
From: Mike M2	Read Replies (2) of 94695

Dennis, i have been too hung up on the fundamentals but I cannot fault anyone for that because IMO we are in a mania -better to be out earlie than late. The collapse in SEA should be a sobering reminder of what happens when bubbles burst. I really don't care if i sound like a lunatic but I feel the downside will be far more severe than most can imagine. The only thing new era that I see is the lengths to which Wall St and company mgts have gone to mislead the public about the quality of earnings and a Fed who looks the other way when one of the greatest financial asset inflations is under their noses. Mike

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