Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: yard_man who wrote (28790)	9/24/1998 6:08:00 PM
From: Monty Lenard	Read Replies (1) of 94695

Bill Fleckenstein said it all started when we bailed out Mexico. That they felt they could go anywhere and make bad investments and the bail outs would save them. This is what I was referring to a few days ago when Skeet informed me on how much good the IMF and World Bank did. BS!!! I bought some oils (SLB & VRC) several months ago trying to find the bottom and lost me a couple of thousand doing it. Maybe they will reimburse me my losses for being stupid. I say let them BURN!!! I was well over my insured cash limits at 2 brokers and just yesterday moved the excesses to local banks. That is how concerned I am with this derivative BS. Monty

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