Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Oeconomicus who wrote (26426)	9/3/1998 11:18:00 PM
From: robert b furman	Read Replies (2) of 94695

Thanks for your post.What you reference makes a lot of sense.I've just seen so many beyond the trend line breaks that violate TA I'm just not sure capitulation in the middle of low interest rates and no inflation with currency problems of corrupt countries that print money for wealth - is the reason the greatest wealthiest economy should take a dive. Don't get me wrong - I see a slow down coming - but don't ask me to panic because some third rate economies that we don't do business with are being slapped with the realities of global economocs(responsible that is). Our own interest rates will fall soon.The fed doesn't dictate this -Mr. market does . Rates today are below 5.3 % 0 treasuries. 30 year mortgage rates hit an all time low -wage pressures are increasing . BIG DEAL . In an environment where employees do things more efficiently are not they worth more? They are in my business. The digital computer world does things more efficiently - this is an efficiency improvement. I just don't see the dooms day scenario . It all looks absolutely very fine to me. We had our best month in our history selling durable goods this august. BWDIK Bob

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