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Strategies & Market Trends : Waiting for the big Kahuna

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To: Arik T.G. who wrote (18486)5/14/1998 2:11:00 PM
From: yard_man  Read Replies (2) of 94695
 
You are making me a little worried, Arik. I've concluded that what you say about a significant decline in the US market is inevitable (probably within this year, if not the next few months).

Do you think it is possible that some of the other markets can escape without significant downturns also? I'm about 30% invested. Some foreign CE's, some gold and other PM, a small amount of US equities, a small number of puts on 4 or 5 US stocks.

Won't the collapse of the US market necessarily weaken the US currency significantly with respect to other currencies and won't that provide a cushion for those owning markets that have already had their own BKs?

thanks in advance
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