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Strategies & Market Trends : Interest rate rise will trigger market crash / correction

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To: Ingenious who wrote (51)6/1/1998 4:53:00 AM
From: Peter R Smith   of 52
 
Things are looking their worst since I started this thread!!!

I to think that the flight to quality will depress yeilds over the next few weeks. The global markets, and especially Nasdaq, are looking distinctly overvalued.. Looks like the parties over and the hang over is about to begin....

Asia is much worse then most people think... I have recently been their on holiday and can attest that the short term outlook is for more missery.... If China devalues we are all in the st*T.

All cash for a change.

Peter Smith
BSD
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