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Strategies & Market Trends : Waiting for the big Kahuna

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To: Barbara Barry who wrote (26195)9/2/1998 9:47:00 PM
From: Gersh Avery  Read Replies (2) of 94695
 
My guess for the BK trigger:

The result of the Japanese banking situation:

If they bail out the banks then they will dump US bonds big time to do it resulting in a currency crash for the dollar which will cause foreign investors to pull out of our stock markets.

If they don't then the resulting banking collapse will cause a worldwide liquidity crunch. No money to buy stocks with anywhere.

either way .. no exit.

Gersh
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