Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: HairBall who wrote (21897)	7/19/1998 10:12:00 PM
From: bobby beara	Read Replies (1) of 94695

No not pretty, but these cycles come and go thru history. Cycles are just a part of nature. BOOMers and Bust -g- The handwriting is on the wall for those who do their homework. Wall Street is a forward looking mechanism and will sniff this out. Unfortunately we go thru periods like this where the market lives way beyond it's means into a fantasy world (dell 1.8 bill shareholder equity 74 bill cap, amzn 1.5 x the cap of united airlines. 6 internets worth the Singapore stock market - that excludes aol which now equals colgate palmolive which has be paying dividends for decades) When reality strikes the rubber bands snaps back all at one time. Mark Twain sez history rhymes, so we don't know the depth of the current cycle ahead. >>>Devaluation of the dollar is the only way this country can honor its debt<<< Exactly why gold is so valuable, just ask anybody in Korea who had a stash of gold around when the poo poo hit the fan. bb

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