Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Thomas C (Hijacked) who wrote (22616)	7/29/1998 12:09:00 PM
From: James F. Hopkins	Read Replies (2) of 94695

Tom; We could have a little more downside but I don't think anything like a crash is close not yet anyway. Goldman wants to go public, and they would not plan on tath in a crash. Yesterday I saw even Clinton signing on (actually pushing) a plan to put S.S. money in the Market, ( I'm strongly against this ) but they are building up a head of steam and arguing hard for it, and you know the greedy brokers want it, so I feel they will pull almost any trick they can to keep the market from crashing, as that would put a big damper on their well laid plans, and give those who oppose it an ACE showing..if the S.S. into stocks gets shot down because of other arguments opposing it, then they have no reason to prop up the market. For right now they have motives to at least prevent a crash, and as time nears to sign the bill which they are hell bent on doing you may see a big rally. Jim

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