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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (22936)8/1/1998 12:26:00 PM
From: Thomas C (Hijacked)  Read Replies (2) of 94695
 
I couldnt agree with you more. My biggest flaw has been to rush a trade. I will not take any action until we get our first solid bounce which could be at least a month or 2.

But don't you think we are headed for deflation? The signs are everywhere, and showing up early in technology/commodity companies. And now recently in paper companies and Proctor/Gamble mentioning something about pricing power. The crack in the market will be the recognition that it finally gets the deflation scenario.

I just can't believe this massive psychology of 'when will inflation come back' from the 70-80's period.

tc
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